GameStop and the “Short Squeeze Stampede”

No other stock has had media attention recently like GameStop. In fact, Mad Money Cramer himself basically dedicated most of his coverage today to the stock.

GameStop is currently trading after-hours on 1/25 at $88.87. It opened today around $97 and surged to about $145 before the Nasdaq froze trading for the 2nd time in two days. GameStop is in the midst of a dramatic “short squeeze” that can only make sense in this wild covid stock market.