GameStop (GME) stock price jumps on “monumental” deal buzz as traders hunt the next clue
GameStop shares jumped 8.3% to $25.87 Monday afternoon amid renewed takeover rumors and heavy social media speculation. CEO Ryan Cohen was reported to be unavailable for interviews, citing involvement in something “monumental.” Traders await official filings or news ahead of GameStop’s next earnings report, scheduled for March 24. Shares of other meme stocks, including AMC and Koss, also rose.