Motley Fool

Here’s Why GameStop Shares Soared Today

Shares of GameStop (NYSE: GME) are up more than 23% this month, with a good chunk of that run coming today. GameStop shares were up as much as 23% earlier this morning, but subsequently pared some of those gains. Like many of the gains driven by retail investors in the popular meme stocks, it wasn’t specific company news that caused today’s stock pop.