GameStop's 400% rally puts market value atop some in S&P 500
Paul Jarvis, Bloomberg News
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GameStop Corp. soared for a fourth straight session, catapulting the former small capâs market value beyond 14 members of the S&P 500, including Marathon Oil Corp.
The stock climbed as much as 32 per cent before trimming gains to put its market capitalization at about US$6.5 billion, more than the likes of Apache Corp. and Hanesbrands Inc. It surpassed insurance-provider Unum Group and refiner HollyFrontier Corp. on Monday.
Tell me what to buy tomorrow and if you convince me Iâll throw a few 100 kâs at it to start.