GameStop stocks rose again on Monday, with shares of the video game retailer rising to nearly 32% at one point.
Shares of the video game retailer, along with other stocks favored by retail investors congregating in online forums such as Reddit’s popular WallStreetBets, have soared back in recent sessions after a wild ride in which they soared in late January and dropped early last month.
At one point, GameStop, which closed at USD 120.40, reached a session peak of USD 133.99.
The number of GameStop shares shorted stood at 17.74 million, analytics firm S3 Partners said on Monday, with short interest accounting for about 32.6% of the float. Short interest peaked at 142% in early January.