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Musk Tweet Sends Gamestop Soaring (Even More) After Hours
• Zero HedgeUpdate 4:40pm: Well that escalated quickly. Just 20 minutes after Musk's tweet, GME exploded to $240...
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Update 4:20pm: Just one hour ago (see below) we said that it is "increasingly likely that GME will hit $200" thanks to the stock entering the peak OTM vol "gamma gravity". Well, moments ago, GME just hit a new all time high $194.50, surging about $44 after hours and nearing the $200 gamma level on, drumroll, an Elon Musk tweet that merely said...
Gamestonk!! https://t.co/RZtkDzAewJ
— Elon Musk (@elonmusk) January 26, 2021