GameStop shares have gone hovering once more. The Texan laptop video games retail chain on the coronary heart of the inventory market drama on the finish of January surged from US$44 (£32) to a excessive of round US$200 on February 26 earlier than sliding again to US$120 on the time of writing. Institutional buyers who had “brief positions” in opposition to the inventory, which means that they have been betting it was going to go down, have been stated to have racked up almost US$2 billion losses from the rises.
Different shares concerned within the first wave of retail buying