Once again, GME (GME) is taking investors on a wild ride.
The stock opened at $269 Wednesday morning before climbing steadily — in GameStop terms — to $347 just after noon. Reaching this apex, it plunged 43% to $198 in just over 30 minutes, before climbing back up to $257 an hour later.
Amid all the action, the stock was halted seven times between 12:22 pm and 1:12 pm.
While not as high as the 18 times GameStop was halted on Jan. 28, it represented another massive spike in GameStop’s volatility.
Keith Gill, the original GameStop value investor of r/WallStreetBets, tracked the day’s ride in a series of gifs and videos from his Twitter account.
Though Gill is GameStop’s most famous investor, the positive price movement that began on Monday likely came from Ryan Cohen, the founder of who had previously taken a 10% interest in…
