Check out the companies making headlines in midday trading: GameStop — The meme stock jumped more than 25% in volatile trading amid speculation that Keith Gill, the man who inspired 2021′s epic short squeeze, could have a huge position in the video game retailer. Gill, who goes by DeepF------Value on Reddit, reappeared Sunday night, posting a screenshot of what could be his portfolio holding five million shares of GameStop common shares worth more than $100 million.
The iShares MSCI India ETF rose 3% and touched a 52-week high as exit polls suggest Prime Minister Narendra Modi and his alliance were poised for a third straight term in power. The iShares MSCI Mexico ETF tumbled nearly 9% after Claudia Sheinbaum became the first woman ever to be elected president. Cava — Shares shed about 5% after being downgraded at JPMorgan to neutral from overweight. The bank said the Mediterranean fast-casual restaurant chain's stock has gotten expensive.
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