GameStop Whipsawed by 150% Swing as Day Traders, Shorts Feud
- Stock swings wildly as record volatility takes control
- GameStop has been a battleground for shorts, retail traders
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GameStop Corp.’s wild ride since the start of the year may have crested on Monday when the stock erased an intraday surge of as much as 145%.
The video-game retailer that has taken Reddit and Wall Street by storm briefly turned negative as it seemed the stock’s unrelenting surge could buckle. The stock, which has been a battleground for short sellers and retail traders, triggered at least nine trading halts for volatility on Monday.