GameStop extends wild ride on Wall Street

New York (AFP) – GameStop continued its wild Wall Street ride on Monday with dizzying ups and downs seemingly powered by online chatter about the struggling video game retailer with a devoted fan base. GameStop shares were up 70 percent at one point in morning trades, after ending last week with a surge in price and rocketing some 800 percent in the past three months. Shares that were trading at $2.80 in April of last year topped $100 during morning trade on the New York Stock Exchange, despite analysts warning that GameStop’s retail model is out of touch with market trends. In highly volatile…

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