Here's Why GameStop Stock Is Flying Higher Today

Shares of video game retail chain GameStop (NYSE: GME) were spiking higher on Tuesday, thanks to ongoing conversations between an activist investor and GameStop management. Investors are hopeful the talks will turn the business around, and that's sending the stock higher.

GameStop stock hasn't been this high in over a year. As of 10:20 a.m. EDT, the stock is up 16% to $10.15 per share. But it's spiked as high as $11.16 today, as of this writing.

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Source Fool.com