GameStop stock is heading toward its longest winning streak in 12 years
It’s a very happy Monday for GameStop Corp. investors, as the stock powered higher toward the longest win streak in more than a decade.
The stock was on track for a 10th-straight gain, which would mark the third time that streak of gains was accomplished since the company went public in February 2002. The last 10-day stretch of gains ended April 20, 2010, which matched the initial record 10-day streak that ended July 12, 2005.Don’t miss: GameStop stock shows rare resiliency as it rises to longest win streak in more than 4 years.
The stock has skyrocketed 122.46% during its current win streak, highlighted by the 30.7% run up on March 22 after a bullish post on subreddit WallStreetBets by user Thump4.
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