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GameStop stocks hit restrictions on NYSE after short volume rockets 234%

  • The New York Stock Exchange (NYSE) has imposed a Short Sale Restriction (SSR) on GameStop after volume spiked to levels reminiscent of GameStop’s famous 2021 short squeeze.
  • GameStop (GME) short sales volume rose 234% within 24 hours, reaching 30.85 million shares sold on March 27.
  • The SSR was triggered as GameStop's stock fell 22% in a single trading day, wiping out its previous gains.
  • GameStop's short sale volume nears levels observed during the January 2021 short squeeze, which resulted in significant losses for short sellers and gains for retail traders.

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