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GameStop Stock Is Soaring. Short Squeezes and Meme Mania Are Back.

GameStop Stock Is Soaring. Short Squeezes and Meme Mania Are Back.

Shares of GameStop the poster child for the Reddit-inspired meme-stock madness of 2021, have soared about 60% so far this month. GameStop, now run by Ryan Cohen, the investor who was the founder and former CEO of online pet-supplies retailer Chewy and briefly held an activist stake in Bed Bath & Beyond before it went bankrupt, no longer holds earnings conference calls with analysts and investors. There has been no other corporate news of note from GameStop since the earnings release.