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GameStop stock hits as high as $500 in premarket action

GameStop GME, +134.84%, the video-game retailer most associated with the Reddit message board-fueled retail attack on institutional short sellers, touched as high as $500 in premarket trade on Thursday. The loss-making retailer was trading around $19 heading into the new year, and $65 just last week before storming higher. Showing the volatility around the name, GameStop shares came quickly back to $422.

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