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Barchart
Barchart
Aditya Raghunath

GameStop Stock Is Up 25% in a Month. Is There More Room to Run?

Shares of GameStop (GME) have surged 25% in the last month, as speculative investments such as meme stocks and meme coins have ticked higher following Donald Trump’s presidential election win. 

Bitcoin temporarily breached the $100k milestone, driving cryptocurrencies such as XRP (XRPUSD) and Dogecoin (DOGEUSD) to 52-week highs. Trump’s focus on ensuring a crypto-friendly environment and plans to lower tax rates seem to have lifted the risk appetite of retail traders. 

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