Article Image
IPFS News Link • Stock Market

Musk Tweet Sends Gamestop Soaring (Even More) After Hours

• Zero Hedge

Update 4:40pm: Well that escalated quickly. Just 20 minutes after Musk's tweet, GME exploded to $240...

*  *  *

Update 4:20pm: Just one hour ago (see below) we said that it is "increasingly likely that GME will hit $200" thanks to the stock entering the peak OTM vol "gamma gravity". Well, moments ago, GME just hit a new all time high $194.50, surging about $44 after hours and nearing the $200 gamma level on, drumroll, an Elon Musk tweet that merely said...