NEW YORK: Shares of U.S. videogame retailer GameStop skyrocketed by 144% on Monday as short sellers scrambled to cover their positions in the stock, which then pared gains in a roller coaster session that featured nine trading halts for volatility.
Options activity also surged in the stock, which had gained 245% so far this year as of Friday's close, was last up 19.7% at $77.81.
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