GameStop stock surges 27% as Reddit traders revive rally. Shares of the video game retailer jumped after a post on Reddit’s WallStreetBets forum encouraged investors to buy. The stock has been a favorite among retail traders, causing massive volatility in recent months. GameStop closed at $194.50 on Wednesday, up from $152.75 the previous day. The company’s market value now stands at around $13 billion. The surge comes after a period of decline for GameStop, which has struggled to adapt to the shift towards digital downloads in the gaming industry.

Read more at Barchart: Dear GameStop Stock Fans, Mark Your Calendars for September 9