GameStop Surges 7% After White House AI Meme Sparks Retail Rally

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Source: Forbes
GameStop Surges 7% After White House AI Meme Sparks Retail Rally
Photo: Forbes
TL;DR Summary

GameStop's stock rose over 7% after the White House boosted a meme posted by GameStop on X, featuring an AI-generated image of Trump in Halo armor, which humorously claimed to end the 'console war.' The meme's viral spread and the White House's engagement contributed to the stock's premarket increase, amid ongoing shifts in the gaming industry with Microsoft's plans to release Halo on PlayStation.

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