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GameStop Soars To Fresh Record High, NYSE Halts Shares; Jim Cramer Sees Definite Short Squeeze TheStreet 1/26/2021 Martin Baccardax © TheStreet GameStop Soars To Fresh Record High, NYSE Halts Shares; Jim Cramer Sees Definite Short Squeeze GameStop Corp soared to a fresh record high Monday, then gave back more than $4.5 billion in market value in less than three hours, as the battle between retail investors and short sellers for the fate of a money-losing video game retailer continues to puzzle Wall Street. GameStop shares have rocketed more than 400% since January 12, when the group reached an agreement with one of its key investors, Ryan Cohen of RC Ventures LLC and the founder of Chewy Inc , to re-structure its board and focus on digital sales and not simply remain a videogame retailer that overprioritizes its brick-and-mortar footprint and stumbles around the online ecosystem.

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