GameStop's stock (GME) rises due to an 'infinite money glitch' in its stores and CEO's insider buys. Exploit involves Nintendo Switch 2, allowing customers to print store credit.
This week, GameStop Corp. (NYSE: GME) made headlines for two major events: a glitch in its stores that allowed customers to exploit a trade-in loophole for infinite store credit and significant insider purchases by CEO Ryan Cohen. GME stock is on the rise following these events. The glitch involved the Nintendo Switch 2, with customers purchasing the console for $414.99, then immediately trading it in with a pre-owned game to trigger a promotional multiplier that inflated the console's trade-in value. YouTuber RJCmedia discovered and exposed this loophole. For more details, visit Benzinga.com.
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