GameStop Stock Surges After Exec Tweets Photo of McDonald's Ice Cream
info@hypebae.com (HYPEBAE) Thu, 25 Feb 2021 HYPEBAE
GameStop, the electronics retailer at the center of a trading frenzy fueled by Reddit community r/WallStreetBets, saw another surge in stock value following a cryptic Twitter post by board member Ryan Cohen.
Cohen, the former Chewy CEO who was appointed to GameStop's board of directors in early January, shared a photo of a McDonald's ice cream cone yesterday afternoon. Many are theorizing that the puzzling post is responsible for fueling renewed interest in GameStop, whose stock had fallen to around $50 USD from a high exceeding $400 USD per share in late January. As of this morning, its stock was holding at around $112 USD.
Head to Ryan Cohen's Twitter to check out his rather confusing feed.
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