Update (4:00 a.m. ET): GME shares have opened the premarket session up 55% to $230 per share.
Update (6:00 a.m. ET): GameStop is now up 104% to over $300/share.
Heavily shorted GameStop (NYSE:GME), Bed Bath & Beyond (NASDAQ:BBBY) and AMC Entertainment (NYSE:AMC) jumped today without any explanations for the moves besides a lot of bullish talk from the popular Reddit WallStreetBets users forum.
Update (6:00 a.m. ET): GameStop is now up 104% to over $300/share.
Heavily shorted GameStop (NYSE:GME), Bed Bath & Beyond (NASDAQ:BBBY) and AMC Entertainment (NYSE:AMC) jumped today without any explanations for the moves besides a lot of bullish talk from the popular Reddit WallStreetBets users forum.