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GameStop Stock Is Soaring. Short Squeezes and Meme Mania Are Back.

Paul R. La Monica
·2-min read
GameStop Stock Is Soaring. Short Squeezes and Meme Mania Are Back.

Shares of GameStop the poster child for the Reddit-inspired meme-stock madness of 2021, have soared about 60% so far this month. GameStop, now run by Ryan Cohen, the investor who was the founder and former CEO of online pet-supplies retailer Chewy and briefly held an activist stake in Bed Bath & Beyond before it went bankrupt, no longer holds earnings conference calls with analysts and investors. There has been no other corporate news of note from GameStop since the earnings release.

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