GameStop Faces GME Stock Halts as Shares Pull Back From Roaring Kitty Rally

Group 1 - GameStop (NYSE:GME) stock is facing trading halts due to the New York Stock Exchange's Limit Up Limit Down (LULD) restrictions aimed at managing extreme volatility [1][2] - The stock has been halted from trading six times since the market opened on Wednesday, indicating ongoing volatility [1] - GME shares have decreased by 30.4% as of Wednesday afternoon, with over 73 million shares traded compared to a daily average of about 13.5 million shares [2] Group 2 - The recent decline in GME stock follows a significant rally driven by the return of the investor known as Roaring Kitty, who previously sparked the meme stock craze in 2021 [2] - Despite initial enthusiasm from meme stock traders, the current rally has not sustained the same momentum as seen in 2021 [2] - Other market stories of interest include the end of the short squeeze rally, Edible Garden (NASDAQ:EDBL) stock rising, and AMC Entertainment (NYSE:AMC) raising funds [2]