A Look Back At The Rise And Fall Of Gme

GameStop Stock: Historical Prices and All-Time High

A Look Back at the Rise and Fall of GME

Historical Price Data

GameStop's stock prices have experienced significant fluctuations over the past year. The company's stock price hit an all-time high of $868.80 on January 27, 2021, due to a surge of retail investor interest driven by online forums like Reddit's WallStreetBets. However, the stock price has since fallen dramatically and is now trading at a fraction of its former peak.

All-Time High

The all-time high closing price for GameStop stock is $868.80, which it reached on January 27, 2021. This extraordinary surge in value was driven by a combination of retail investor enthusiasm and a short squeeze, where large institutional investors who had bet against GameStop's stock were forced to buy back shares, driving the price even higher.

Conclusion

GameStop's stock price has been a rollercoaster ride in recent years, experiencing both extreme highs and lows. The all-time high reached in January 2021 serves as a testament to the power of retail investors and the impact of social media platforms. However, the subsequent decline in stock price highlights the inherent volatility and risk associated with investing in highly speculative companies.

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