Why GameStop Stock Jumped 28% in May

Shares of GameStop (NYSE: GME) gained 28% last month, according to S&P Global Market Intelligence, as the meme queen again caught fire with investors on Reddit's WallStreetBets board and other online forums. Several of the popular meme stocks from January rallied toward the end of the month.

As the chart below shows, the video game retail stock lagged for most of May but then surged over the last few sessions.

Continue reading

Source Fool.com