GameStop stock shares soar 145% Monday, then plunge
- Shares of gaming retailer GameStop went on quite a rollercoaster ride Monday. The stock jumped nearly 145% in less than two hours Monday morning, then plunged, erasing most of those earlier gains.
- Blackberry also seeing a massive pop on Monday with shares up almost 30% to close out the session. Blackberry says it was confused by the surge, adding that it is unaware of any material that would have driven this pop.
- Video software company Vimeo is raising roughly $300 million in equity funding just a month before it plans to spin off from its parent company, IAC. It’s valued at nearly $6 billion.