Shares of GameStop (NYSE: GME) are running 7% higher as of 10:44 a.m. ET on Tuesday, on a day when the stock market as a whole is just inching higher. The S&P 500 is up just 33 points, or less than 1% in comparison.

There is no news to account for the stock of the video game retailer jumping so much higher this morning, and in fact there is good reason it should be heading lower.

Image source: Getty Images.

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Source Fool.com