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A little-known Australian mining company with the same ticker code as GameStop has seen its share price surge today – Business Insider Australia

The stock price for GME Resources Limited has soared amid speculation that investors are mistaking the the ASX-listed company for GameStop due to their shared ticker…

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  • The share price for an ASX-listed Australian mining company that shares a ticker code with GameStop rose by up to 50% on Thursday.
  • Some social media users speculated that it was from others mistakenly buying the wrong stock, whereas others spoke about purchasing stock to capitalise on the possible mistake.
  • Redditors have sent GameStop stock prices soaring, as they rally against efforts by hedge funds to short the gaming retailer’s shares.
  • Visit Business Insider Australia’s homepage for more stories….

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