Why an ice cream cone tweet sent more than doubled a stock's price in a day
Other so-called 'stonks' - an intentional misspelling of 'stocks' - favored by retail traders on sites such as Reddit's WallStreetBets, also shot higher
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GameStop Corp shares more than doubled in afternoon trading on Wednesday, surprising those who thought the video game retailer's stock price would stabilize after a fierce rally and steep dive that upended Wall Street in January.
The shares soared nearly 104% during the session in which trading was halted several times, then jumped another 85% after hours. The rally began after 2:30 p.m. (1930 GMT).