May 3, 08:12 PM

GameStop Stock Surges 29%, Leads Meme Stock Rally with Gamma Squeeze

GameStop's stock experienced a significant surge, climbing 29% to mark its biggest gain in over a year. This rally, part of a broader movement in meme stocks, saw GameStop shares increase nearly 40% over the week. The stock's performance was reminiscent of its past volatility, sparking discussions of 'crazy' meme volatility. Other meme stocks also saw notable increases, with KOSS up 22%, BYON up 9%, and AMC up 5%. The surge was attributed to a gamma squeeze on GameStop's Friday lotto options.

#GameStop #KOSS #BYON #AMC

Written with ChatGPT (GPT-4).

Sources

MarketWatch@MarketWatch
2 years ago
GameStop’s stock skyrockets 29% to continue rally and register biggest gain in over a year https://t.co/NYAcw3h6MB
The_Real_Fly@The_Real_Fly
2 years ago
MEME STOCK MONDAY LOOMS * Late afternoon the run in $GME became perverse, with shares cresting above +30% for the session. In tow were a sundry of like minded stocks, held indomitably by diamond handed fellows in search of fortune. Shares of $KOSS, $AMC, $BYND, $BYON took the…
The_Real_Fly@The_Real_Fly
2 years ago
MEME STOCK MONDAY LOOMS * via @the_real_fly https://t.co/dfqTf96MP7 $GME $AMC

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