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Share Name | Share Symbol | Market | Type |
---|---|---|---|
GameStop Corp Holding Company | NYSE:GME | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.58 | 5.17% | 11.79 | 12.19 | 11.00 | 11.18 | 7,684,986 | 00:59:10 |
By Will Feuer
Shares in GameStop Corp. gained 20% in premarket trading on Friday after The Wall Street Journal reported that the company is launching a division to develop a marketplace for nonfungible tokens and establish cryptocurrency partnerships.
The video-game retailer has hired more than 20 people to run the unit, which is building an online hub for buying, selling and trading NFTs of virtual video-game goods such as avatar outfits and weapons, the Journal reported, citing people familiar with GameStop's plans.
The stock was trading at $157.75 a share after closing at $131.03 on Thursday. Shares in the company have been a prime target for so-called meme traders, who helped send the stock more than 680% higher last year.
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
January 07, 2022 06:42 ET (11:42 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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