GameStop (GME) Stock Surges Again – What’s Driving the October 2025 Rally?
GameStop closed at $27.22 on Oct. 2, up from its 52-week low but below its recent high. The company executed an 11-for-10 stock split and distributed 1-for-10 warrants effective Oct. 3, while filing a mixed shelf registration to raise capital. Q2 net income surged to $168.6 million on $972.2 million sales, boosted by cost cuts and crypto gains. Analyst consensus rates the stock a Sell, with a $13.50 average price target.