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GameStop shares surge more than 100% day after CFO pushed out

By Kaelan Deese
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GameStop shares surge more than 100% day after CFO pushed out

GameStop’s stock price surged more than 100% on Wednesday amid a shift in executive leadership this week and a month after day traders disrupted Wall Street by briefly driving up the company’s value to record levels.

Shares in the brick-and-mortar video game retailer jumped just before 3 p.m. were halted with fewer than 30 minutes left during the trading day, which ends at 4 p.m. EST. The stock closed Wednesday up 103.9%, according to CNBC.

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Games GameStop Hedge Funds Short Stocks and Bonds Video Games