The meme stock effect resurfaces as a White House message boosts GameStop's stock price

Zhitong
2025.10.27 13:47
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GameStop's stock price rose early Monday after the White House shared the company's statement about the debut of the "Halo" game on the PlayStation platform on its official X platform. The stock surged 7.7% during the meme stock frenzy, before narrowing its gains to 3%. GameStop announced that "Halo: Combat Evolved" will be available on PlayStation in 2026 and will support cross-platform play. Despite the rise in stock price, it has fallen 25.7% year-to-date