GME Highest Price Intraday and What It Means for Investors

GME's highest price intraday is a significant indicator for investors. On January 28, 2021, GameStop's stock price reached an intraday high of $483.00.

This price surge was a result of a short squeeze, where a large number of investors who had bet against the company's success found themselves facing significant losses. The price increase was not sustainable and eventually led to a correction.

The intraday high of $483.00 is a key data point for investors looking to analyze GME's price movements. It highlights the potential for volatility in the market.

GameStop's stock performance was a wild ride in January 2021, with the stock price reaching an intraday high of $483.00 on January 28th.

The stock's rapid ascent began in late 2020, with GameStop's stock price increasing by over 600% in just a few weeks.

This surge was largely driven by the stock's popularity among retail investors, who were drawn to the stock's potential for significant gains.

On January 28th, GameStop's stock price peaked at $483.00, a staggering 1,600% increase from its 52-week low of $17.01.

Trading GameStop with VWAP can be a wild ride, but VWAP can provide a sense of order amidst the chaos. The stock opened near the prior day's post-market highs on the 27th, but it didn't stay there for long.

Pre-market trading saw GME squeeze to 365.42, snap back down to 182.55, and then ramp again to 385. The intraday VWAP provided dynamic support and resistance on multiple occasions, helping to make sense of the chaos.

The entire day was largely choppy and difficult to read, but VWAP still managed to provide some sense of order. VWAP and its deviations bands are a powerful tool for traders to navigate volatile markets like GameStop.

GameStop's stock has been making headlines lately, and for good reason. It's reached its highest price in over a month, trading above $27.00 earlier this week.

The stock's recent surge can be attributed to the ongoing interest in meme stocks following the reappearance of Roaring Kitty, the trader who started the original meme stock bull run in 2021. This led to a trading surge that caused Wall Street chaos.

GameStop's price exploded in May after Roaring Kitty posted a meme on Twitter, and then surged again in June when he hosted his first livestream since 2021 and disclosed a sizable share purchase. However, Roaring Kitty hasn't posted anything in weeks, and the stock fell sharply from its recent peak.

Despite this, the stock has started rising again gradually over the course of last week. It's clear that investors still have an appetite for risky assets like meme stocks.

Here are some key stats on GameStop's recent price action:

It's worth noting that the stock has closed near $300 for the third time ever on Roaring Kitty's birthday, with an intraday high of $344.66/share. This volatility is likely to continue, especially with the company's Annual Shareholder Meeting and earnings report coming up.