The Latest Breaking News from GameStop

If you're trying to pick the worst meme stock, there's plenty to choose from. But GameStop holds a special place.

Reddit traders seem to be pushing these outdated business model companies again.

Someone with a lot of money to spend has taken a bullish stance on GameStop (NYSE:GME). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Recent rallies in stocks popularised on social media have attracted increasing numbers of investors looking to these so-called “meme stocks” for quick returns. But while it might look like a fun game, there are real risks to investing in stocks and other financial products popularised on social media. And with…

GameStop Corp. (NYSE: GME) was spiking up more than 8% on Tuesday, in tandem with the S&P 500, which gapped up and continued to surge about 2.8% intraday.

In easy terms anyone can understand, the three-part report details how subversive, upstart investors took on the Wall Street giants.

Staff members vent about the common and dangerous practice where parents leave their children unattended in GameStop storesStaff members vent about the common and dangerous practice where parents leave their children unattended in GameStop stores

Meme traders are addicted to searching Reddit, Discord, and WhatsApp for undervalued, easily manipulatable stocks to squeeze. First, GameStop and AMC led the charge in 2021, opening up an entire base of new investors.

GameStop Corporation (NYSE: GME) was holding strong Monday morning, rising up over 3.5% higher at one point before being knocked down to trade slightly lower in the afternoon.