GameStop’s momentum is almost unprecedented for a company that was at $6 per share just last year. In January alone, the company soared up to $140 as trading halts again for a brief period. This is mere days after trading stopped from another surge. Many see this as an effect from demand for PS5, Xbox Series X|S and Switch consoles along with new games during the pandemic. Others on Wall Street are hoping to see it soar higher to reap the benefits it has across the industry. Either way, it’s really insane to see how GameStop has revived itself after the partnership with Microsoft.
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