GameStop's stock jumps 104% on Wednesday

Dow Jones2021-02-25

MW UPDATE: GameStop's stock jumps 104% on Wednesday

By Weston Blasi

More than 41 million shares traded hands near the close

Shares of GameStop $(GME)$ jumped 104% on Wednesday, and they were paused repeatedly on volatility in the final hour of trading . Some traders were not happy about the trading pauses.

Stocks popularized on the WallStreetBets Reddit forum have taken the spotlight in 2021. Huge stock price swings in stocks like GameStop and AMC $(AMC)$ have caused major disruptions in the market.

Jim Cramer, host of Mad Money on CNBC, commented on the Wednesday gains for GameStop.

It's worth noting that this trading halt is not the same as the limit in buying and selling of securities that occurred at brokerages like RobinHood and TD Ameritrade.

Others continued to make jokes about GameStop's rise on Twitter.

The GameStop surge attracted tweets from all kinds of investors.

-Weston Blasi; 415-439-6400; AskNewswires@dowjones.com

$(END)$ Dow Jones Newswires

February 24, 2021 17:07 ET (22:07 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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Comments

可爱的独行虎
2021-02-25
可爱的独行虎
The king is back
- LittleChive:
  [看涨][看涨]
小江白
2021-02-25
小江白
難道有第二波
- 小江白:
  现在买来得及吗

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