GameStop Stock Rises Again, and Is on Course for the Longest Win Streak in More Than a Decade

Dow Jones2022-03-28

Shares of GameStop Corp. rose 1.3% in premarket trading Monday, which puts them on course for the longest win streak in 12 years.

The videogame and consumer electronics retailer's stock rallied 6.7% on Friday for a ninth-straight gain, which was the longest since the nine-day stretch that ended Nov. 29, 2017. A tenth-straight gain would be the longest win streak since the 10-day streak that ended April 20, 2010, which matched the record 10-day streak that ended July 12, 2005. During the current nine-day streak, GameStop's stock had soared 94.5% amid renewed interest from the "meme-stock" crowd.

The stock has gained 2.4% year to date through Friday, but has dropped 16.1% over the past 12 months, while the S&P 500 has lost 4.7% the past three months but gained 14.3% the past year.

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Comments

  • rlgt
    2022-03-29
    rlgt
    K
  • SanWangtikup
    2022-03-29
    SanWangtikup
    Like pls 
  • syaoron
    2022-03-28
    syaoron
    Good
  • M0narch
    2022-03-28
    M0narch
    Nothing special for my favourite stock LFG!! 🌞 
  • TLC88
    2022-03-28
    TLC88
    Ok
  • Wallstrtbets
    2022-03-28
    Wallstrtbets
    The game never stop.
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