The wild ride of the video game retailer GameStop’s stock has been the biggest financial story of early February. On Jan. 4, the stock was valued at $19 per share. 24 days later, the stock price hit $483 per share. From the start of 2021 to the stock’s highest point, the stock endured a 2442% percent increase. However, the reason for GameStop’s astronomical rise has little to do with the company’s performance.
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