GameStop Stock Soars Amid Retail Trading Frenzy
Amid a surge of interest from retail traders, GameStop stock has skyrocketed in recent weeks, leaving investors and analysts alike stunned.
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The surge in GameStop's stock price has been fueled by a combination of factors, including a short squeeze and increased interest from retail investors. A short squeeze occurs when a stock's price rises rapidly, forcing short sellers to buy back their shares at a higher price, which further drives up the stock's price.
GameStop has also benefited from increased interest from retail investors, who have been buying the stock in large numbers through online brokerages such as Robinhood. This influx of retail investors has helped to drive up the stock's price and has made it a target for short sellers.
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