The retail traders see what’s happening and they say hey, let’s juice this stock. After sitting around $18 three Fridays ago, it doubled in four days. What Is Going on With GameStop? GameStop stock is surging, thanks in part to retail investors coordinating on Reddit. GameStop stock is on the rise, and a Reddit group called WallStreetBets is at the heart of an unusual meteoritic rise in price. A year ago, it was trading under $4. It’s been maniacal this month. The video game store sits at the center of a dramatic “short squeeze” that has market watchers wondering whether stock trading could forever be changed. Thanks to some financially savvy Redditors, and a push from Elon Musk, a number of flailing companies, including GameStop… GameStock’s stock, ticker symbol GME, has been maniacal this month. So what is happening with GameStop? Even if you never pay attention to stock market news, you have probably gotten the sense that something unusual is happening right now, and it has to do with something called GameStop. Barstool Sports Founder Dave Portnoy joined FNC's Tucker Carlson to discuss exactly what is happening between GameStop investors and the popular app Robinhood. … So we come back to GameStop ( NYSE: GME); this guy with no hedging whatsoever, decides that he is going to take a big short position in this stock. GameStop sells new and used video games and video game consoles along with accessories and collectible items. After sitting around $18 three Fridays ago, it doubled in four days. Meme Stocks Explained. And you know what? Let me know in the comments what you think of everything going on with Gamestop and what your predictions are for it. WHAT IS HAPPENING WITH GAMESTOP’S STOCK? Everybody buy a thousand shares in a minute. 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