GameStop Stock Falls Over 5% — What's Going On? - GameStop (NYSE:GME)

GameStop Corp. (NYSE:GME) stock is trading down on Tuesday, retreating from recent gains driven by insider buying and strategic speculation.Profit-Taking After Volatile WeekThe stock’s decline appears driven by profit-taking as investors reassess the sustainability of last week’s rally. GameStop climbed sharply following disclosures that CEO Ryan Cohen and board member Lawrence Cheng purchased shares, along with renewed backing from “Big Short” investor Michael Burry.Trading volume remained elevated but bel ...