Why GameStop Is Tumbling This Morning

GameStop (NYSE: GME) gave up almost all the gains it made yesterday from news of insiders buying shares as its stock tumbled over 13% in early-morning trading on no apparent news.

The video game retailer remains one of the most shorted stocks on the market with almost 99% of its float sold short, which could make its stock subject to large swings.

Image source: Getty Images.

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Source Fool.com