The game station experienced 6 circuit breakers during trading, with the highest increase exceeding 110%.
On May 13th local time, the US stock market Game Station opened significantly higher, with the increase soaring to 110.19% within half an hour of opening, and the highest intraday increase was 118.53%. Due to the significant fluctuations in price fluctuations in a short period of time, six circuit breakers were triggered during trading, and individual stocks closed up 74.52%, the highest daily increase since March 2021.
At the beginning of 2021, Game Station experienced two single day gains exceeding 100%, which was caused by the stock's bull market leader Keith Gill's hype at Game Station. At that time, many hedge funds on Wall Street held a large number of short positions in game stations, and Keith Gill attracted many retail investors to buy stocks or options in game stations. A large influx of funds drove up stock prices, resulting in severe losses for short selling hedge funds. This event was later reported as the story of "retail investors fighting against Wall Street.".
On May 13th local time, Keith Gill, who had been away from social media X for three years, once again posted a picture of a person sitting up in a chair, suggesting a return, sparking discussions among retail investors.
In addition to Game Station, AMC Entertainment Holdings also saw a significant increase. The stock is also a group buying stock for retail investors, with a highest intraday increase of 102.06% and a closing increase of 79.73%. It is worth noting that AMC Entertainment Holdings still saw a significant increase after market hours, with the highest increase exceeding 20%.