Shares of GameStop Corp. GME, +24.77% rose 1.2% in premarket trading Monday, which puts them on course for the longest win streak in 12 years. The videogame and consumer electronics retailer’s stock rallied 6.7% on Friday for a ninth-straight gain, which was the longest since the nine-day stretch that ended Nov. 29, 2017. A tenth-straight gain would be the longest win streak since the 10-day streak that ended April 20, 2010, which matched the record 10-day streak that ended July 12, 2005. During the current nine-day streak, GameStop’s stock had soared 94.5% amid renewed interest from the “meme-stock” crowd. The stock has gained 2.4% year to date through Friday, but has dropped 16.1% over the past 12 months, while the S&P 500 SPX, +0.71% has lost 4.7% the past three months but gained 14.3% the past year.
