Why GameStop's Shares Popped 28.2% on Tuesday
Shares of GameStop (NYSE: GME) jumped as much as 28.2% in trading on Tuesday, despite a short-seller saying the stock will drop by nearly half. At the market's close, shares were still up 10.9% on the day.
Citron Research, which is a well-known short-seller, said in a tweet today that they will livestream five reasons GameStop buyers are "suckers" tomorrow. They even went as far as to say the stock will fall back to $20 per share "fast."
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Source Fool.com