
GameStop (GME) has defied the broader market downturn with a remarkable 95% surge, rising from $0.002728 to $0.005512. This surge was accompanied by a 426% increase in trading volume, pushing its market cap to $36 million. The rally appears to have been triggered by a meme post from Roaring Kitty. The stock is also considered 'still a squeezable stock' and could be poised for a post-earnings rally, according to S3 Partners. GameStop is set to report its second-quarter results on Tuesday, September 10. Other meme stocks like AMC Entertainment have also seen renewed interest.
GameStop is ‘still a squeezable stock,’ could be poised for rally after earnings https://t.co/25s1btgXA0
GameStop is ‘still a squeezable stock’ and could be poised for post-earnings rally, says @S3Partners #GameStop $GME https://t.co/G3xzbIjky5 via @MarketWatch
GameStop, $GME is a sleeping giant 📈