Reddit investing group triggers crypto-style 860% rally in GameStop stock

Since Jan. 22 GameStop (NYSE:) has been attracting a lot of attention from the mainstream news as the stock (GME) for the popular video game retailer rallied 860% from $17.40 on Jan. 4 to a high of $159.18 on Jan. 25.

On Jan. 25 GME pulled back 51.70% from its high to close the day at $76.79 but what lies behind the massive upsurge warrants closer inspection.

GameStop (GME) 1-day chart. Source: TradingView
TSLA/USD 1-day chart. Source: TradingView
NFLX/USD 1-day chart. Source: TradingView