Why GameStop's Stock is Up During Today's Session

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GameStop's Stock Price And Volume Action

GameStop's GME stock is trading up 17.76% to a price of $44.16. The stock's current volume for the day is 2.23 million, which is approximately 3.66% of its previous 30-day average volume of 60.83 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: GameStop shares are trading higher after Keith Gill, who testified to Congress last week, reported buying additional shares of the stock.

Perspective On Recent Price Action

The moving average price of the stock over the past 50 days was $55.25 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $483.0 and as low as $2.57.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

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