Despite no apparent future for brick-and-mortar retail, especially where easily downloadable video games are concerned, the moribund retailer is still soaring in value as diehard fans enacted revenge on a big short-seller. The seemingly-doomed GameStop stock surged up to 145 percent on Monday, triggering no fewer than nine circuit-breakers to briefly halt trading as traders continued to buy in defiance of investing firm Citron Research deeming it a “failing mall-based retailer.” The stock’s holders, who’ve seen its market value more than triple since the beginning of the year, are apparently not done rubbing short-sellers’ faces in it.
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