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UPDATED: January 28, 2021 19:07 IST Despite being a loss-making company, GameStop Corp s (GME) shares have surged almost 1,800 per cent in January and a staggering 8,000 per cent over the last 12 months. (Photo: Reuters) Over the past few days, there has been a lot of chatter about GameStop Corp, a loss-making US video game and gaming merchandise retailer, on social media platforms. The reason behind the chatter is a wild surge in the company’s stock despite negative growth for years; its future does not look bright either. Even then, GameStop shares have surged almost 1,800 per cent in January and a staggering 8,000 per cent over the last 12 months. On Wednesday, when the US index Daw Jones fell sharply over 2 per cent, GameStop shares surged nearly 135 per cent, up by almost $200 dollars.

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