GameStop stock stock surged again early Tuesday, adding to a 74% rise on Monday as meme stocks appear to be back in vogue.
) rose more than 60% on Tuesday, adding to a rally that sent shares of the video game retailer up 74% Monday.
"In the case of GME, you are also afraid that retail traders will be enticed into a replay of 2021," Colas added. “The perception is that the entire system is set up and insulated to benefit the powerful elite. GME is the symbol of the populist movement against that concept,” said Kohrs.
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