Skip to content
Subscriber Only
Markets
Investing

GameStop Record Run Gives Win to Reddit Army in Citron Clash

  • Stock’s 83% rally this week adds to record volatile stretch
  • Citron stops commenting on stock after actions of ‘angry mob’
    
Photographer: Luke Sharrett/Bloomberg
Updated on

In the battle between short-seller Citron Research and an army of Reddit-charged day traders, GameStop Corp.’s seemingly endless rally to an all-time high has given the stock’s bulls a win, though not without controversy.

GameStop’s 83% gain through Friday comes after it more than doubled the week before and marks the most volatile 10-day period on record, data compiled by Bloomberg show. The stock was halted at least four times in New York trading on its way to a record close. The stock surged 51% Friday to $65.01.