GameStop shares jump 20% on report it will launch NFT marketplace
CNN
The calendar changed, but the roller coaster ride for GameStop's stock continues.
GameStop shares jumped as much as 20% Friday morning after the Wall Street Journal reported the company is creating a nonfungible token, or NFT, marketplace.
After a wild 2021 for the video game retailer as a "meme stock" with lots of attention on Reddit, shares have fallen almost 12% in the new year as of Thursday's close, though that narrowed to down 6% year-to-date as of midday Friday.
President Joe Biden asserted Friday that Hamas has been degraded to a point where it can no longer carry out the type of attack that launched the current 8-month conflict in Gaza, laying out a three-phase proposal Israel has submitted to wind down the grinding crisis as he declared, “It’s time for this war to end.