GameStop Shares Resumed Then Again Halted On Circuit Breaker to The Downside, Stock Now Up 62.8%
Portfolio Pulse from Benzinga Newsdesk
GameStop shares experienced volatility, being halted and then resumed due to a circuit breaker triggered by a downside move, yet the stock is now up 62.8%.
May 14, 2024 | 1:43 pm
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GameStop's stock experienced significant volatility, triggering a circuit breaker due to a downside move, but has since surged 62.8%.
The triggering of a circuit breaker indicates significant volatility, which typically attracts attention from traders and investors alike. The subsequent 62.8% increase in GameStop's stock price suggests a strong bullish sentiment or a rebound from an oversold condition. Short term, this could lead to increased trading volume and potentially more volatility as market participants react to these developments.
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