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GameStop Shares Surge Again in Premarket Trading

2021-02-25 14 Dailymotion

GameStop Shares Surge Again in Premarket Trading .<br />On Feb. 25, the stock climbed over 70% <br />before markets opened.<br />This climb is on top of the additional 103.9% increase the stock saw by market close the day before. .<br />On Feb. 23, it was announced that GameStop Chief Financial Officer Jim Bell will be resigning by March 26.<br />Many speculate that Chewy co-founder <br />Ryan Cohen may take his place.<br />This prompted investors to buy up more shares as they suspect GameStop is making a play at securing its place in digital commerce.<br />WallStreetBets Redditors welcomed the news, as they had a hand in January's skyrocketing share prices via a short-squeeze on hedge funds

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