GameStop shares tanked again Thursday as the Reddit-fueled trade unraveled further.
The stock traded lower by more than 35%, bringing the video-game retailer’s losses for the week to more than 80%.
The latest price drop came even after trading app Robinhood rolled back some of its trading limits on the stock.
GameStop experienced a meteoric rise last week in a major short squeeze orchestrated by Reddit users. Point-and-click investors piled into the name, driving its share price up 400%, while hedge funds rushed to cover their losses from shorting the stock.
