Short Squeeze Sends GameStop Stock Surging. Again.

Danny Vena, The Motley Fool
·2 min read
Short Squeeze Sends GameStop Stock Surging. Again.

Video game retailer GameStop (NYSE: GME) has been on fire lately. The shares gained roughly 100% over a two-day period last week, following news that Chewy (NYSE: CHWY) founder and activist investor Ryan Cohen and two of his associates would join GameStop's board of directors. The short squeeze continued today, pushing GameStop shares up another 10%.