fxstreet.com 29 Jan, 2021 15:00 am

Gamestop (GME) Stock Price and Forecast

Gamestop (GME) Stock Price and Forecast
Gamestop (GME) shares collapsed on Thursday as brokers put restrictions in place on options trading, taking new positions and hiked margin levels. Whi

Gamestop (GME) shares collapsed on Thursday as brokers put restrictions in place on options trading, taking new positions and hiked margin levels.By taking new buy orders out of the market the Gamestop (GME) share price obviously collapsed, closing Thursday's session at $193.See more: Brokers’ restrictions on GME and AMC set a dangerous precedent – FXStreet Editorial Politicians and celebrities entered the fray all on the side of retail, demanding to know more details about the reasoning behind the restriction on Gamestop (GME) trading and calling for a possible investigation.See more: Gamestop (GME) Stock News: Is this Game fair?

” Gamestop (GME) shares rallied on the news and are currently trading at $416 in Friday’s pre-market session, a rise of over 100%.The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

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