GameStop Shares Surge Nearly 104% In One Day
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NEW YORK (CBSNewYork) -- GameStop shares surged on Wall Street on Wednesday.
The company's stock rose to $91.71 when the markets closed.
That's up nearly 104% from Tuesday.
MORE: Man Who Made Big Bucks Off GameStop Stock Sends Nintendo Switches To Children's Hospital
The jump came one day after GameStop announced its chief financial officer would resign in March as the company focuses on e-commerce growth.
In January, GameStop was at the center of a trading frenzy fueled by online investors who drove the stock to jump around 1,600%.
Some of them wanted to squeeze hedge funds that bet the stock would drop in price.
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