GameStop Stocks Restricted After Massive Short Volume Surge!

GameStop's stock faced restrictions on the New York Stock Exchange (NYSE) after short sale volumes rocketed 234% in 24 hours, touching numbers resembling its 2021 short squeeze. On March 27, the stock's volume hit 30.88 million shares. Triggered by the convertible notes offering for Bitcoin acquisition, this move sparked market debates. The restriction, known as the Short Sale Restriction (SSR), activates when a stock drops over 10% from the prior closing. GameStop's recent volatility echoes its wild ride in January 2021, highlighting market intrigue once more.