GameStop drops by 40% in 25 minutes

(CNBC) The GameStop story added another wild chapter on Wednesday as the retailer’s stock popped 40% before quickly falling back to earth. The move appeared to be on no new headlines. The stock rose as high as $348.50 per share on Wednesday, topping its record closing high from Jan. 27. The shares were then paused for volatility by the exchange.

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