GameStop trading halted twice as GME shares plunge amid high volatility
GameStopGameStop(US:GME) Invezz·2024-05-15 14:18

Group 1 - GameStop Corp. experienced a temporary trading suspension due to high volatility, with shares dropping by 25% shortly after the market opened [1] - After the initial suspension, GameStop's stock continued to decline, falling by 29.48% to $34.41 at 9:54 am ET, prompting a second trading halt [2] - The sharp drop in GameStop's share price followed significant gains earlier in the week, where shares surged by more than 100% on Monday and Tuesday due to investor speculation and market dynamics [3] Group 2 - The extreme volatility in GameStop's stock underscores the unpredictable nature of the market, especially for stocks known for rapid and dramatic price movements [4]