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Why GameStop Stock Is Gaining Today

TheMotleyFool

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Why GameStop Stock Is Gaining Today: https://g.foolcdn.com/editorial/images/695056/slide-7-gamestop-source-getty.jpg

Shares of GameStop (NYSE: GME) were rising today as part of a broader two-day rally in meme stocks, including AMC Entertainment Holdings and Bed Bath & Beyond.

There was no particular news out on the video game retailer today. Instead, traders on Reddit's WallStreetBets teamed up to push the stock higher in a move reminiscent of GameStop's massive gains early last January.

As of 2:44 p.m. ET on Monday, the retail stock was up 8.1%.

Source Fool.com

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