Deja Vu: Gamestop Halted After Soaring 70% In Minutes On No News

The squeeze is back. About a month after everyone was transfixed by the Gamestop-led short squeeze insanity, which however fizzled in early February when the stock plunged more than 80% from as high as $500 to $40, moments ago GME exploded higher, surging more than 70% in the last half hour of trading on no news, and what appears to be yet another attempt to spark a short squeeze… … which however will be difficult with just 32.8% of the float now short, a drop of roughly 100% from a month ago. Without a clear buying catalyst, many speculated that the source of the move is likely to be found on the Wall … (full story)

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