
GameStop shares jump 20% on report it will launch NFT marketplace
CNN
The calendar changed, but the roller coaster ride for GameStop's stock continues.
GameStop shares jumped as much as 20% Friday morning after the Wall Street Journal reported the company is creating a nonfungible token, or NFT, marketplace.
After a wild 2021 for the video game retailer as a "meme stock" with lots of attention on Reddit, shares have fallen almost 12% in the new year as of Thursday's close, though that narrowed to down 6% year-to-date as of midday Friday.
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