GameStop stock surged as a Reddit user linked with its biggest booster appeared to reveal a new bold bet on the video game retailer late Sunday.
GameStop soars after a post by the Reddit user Roaring Kitty, while Coherent announces the appointment of a new CEO.
Shares in GameStop were 35% higher Monday morning after shooting up by almost 73% in premarket trading as the renewed frenzy around meme stocks shows little sign of abating.