By Hannah Erin Lang
The original meme stock is having a moment.
Shares of GameStop climbed nearly 3% in Tuesday morning trading, extending a weeklong winning streak. The stock is up more than 15% over the past eight trading days, its longest climb since 2022.
The videogame retailer recently reported a jump in second-quarter profits, driven by rising sales of collectibles, hardware and accessories.
A new class of meme stocks have emerged this summer, as individual investors and social-media hype sent shares of companies like Opendoor Technologies and GoPro soaring. Some investors worry that the return of these and other speculative bets are signs of an overheating market-one that could run even hotter if the Federal Reserve cuts interest rates tomorrow.
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September 16, 2025 11:22 ET (15:22 GMT)
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