GameStop Shares Rocket 104%

REUTERS/Shannon Stapleton
REUTERS/Shannon Stapleton

Shares of GameStop surged in the final hour of trading, rising nearly 104 percent to $91.70.

Nearly all of those gains came in the final hour of trading when share prices moved up so quickly that they triggered a trading halt on the New York Stock Exchange.

On Tuesday, GameStop announced that its chief financial officer was stepping down and that it the company is looking for a new person to fill the role. The company said the departure would accelerate its “transformation.”

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