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29 Mar 2022

GameStop Stock Hits 12-Year High with Shares Doubling in the Past 10 Days

The Index Today

Stocks of GameStop Corp. surged to its highest winning streak in 12 years on Monday, headed for the 10th successive day of gains.

According to MarketWatch, the videogame company’s shares soared by 14.4% on Monday by 2:36pm ET, offsetting a previous intraday trading loss of 0.3% before edging higher.

Throughout the course of its ongoing bullish streak, GameStop stocks have escalated by 122.46% marked by the 30.7% surge on March 22.

MarketWatch reported that even as S&P 500 index SPX, +0.71% dipped by 4.7%, GameStop’s shares rose 17.1% this year till date.

©Photo: Hiroko Masuike/The New York Times

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