GameStop (GME) stock halted twice as shares jump over 100% today
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No I don't think that's the reason. The timing is way off. Shorts are covering in aftermarket and they timed it so retail traders would take notice before market close. My guess is deals are in place with institutions to cover the shorts after market and tomorrow when FOMO runs this up even higher they will re-short. This is a somewhat different situation from a month ago just by how quickly it ramped up. There was a much slower run up last time.
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