How Does The Current Rally In GameStop Stock Compare With The Fall In 2008 Crash?

NEW YORK, NEW YORK - JUNE 07: People are seen outside of a GameStop store on East 14th Street on ... [+] June 07, 2024 in New York City. (Photo by Craig T Fruchtman/Getty Images)Getty ImagesThe stock price of GameStop (NYSE: GME) trades at $30 per share, about 65% below its peak level of over $80 seen in January 2021. In contrast, Best Buy stock (NYSE: BBY) stock saw a 13% decline over this period. Note that GME stock saw a gigantic move from $5 to over $80 in January 2021, amid a large short squeeze. [1] G ...