GameStop Corp (NYSE:GME) shares are trading higher on Monday. The stock appears to be getting a boost after the White House reshared a post from the video game retailer on X.
- GME stock is showing exceptional strength. Get the latest updates here.
What To Know: GameStop on Saturday posted on X that the console wars were officially over after Microsoft announced plans to release the latest version of popular video game Halo on both Xbox and PlayStation.
“All claims to exclusivity are hereby dissolved. Console loyalists are instructed to cease hostilities, disband militias, and enjoy this new era of gaming,” GameStop said in the post.
The official X account for the White House reposted the GameStop announcement and shared an image of President Donald Trump in a Halo suit. “Power to the Players,” the post stated.
The social media engagement appears to have sparked some excitement in GameStop shares to start the week. The stock rose as much as 7.5% in early trading before paring some gains.
Microsoft is set to release “Halo: Combat Evolved” on PlayStation 5 in 2026 in what will be a dramatic shift for the competitive gaming environment. The game had previously been exclusive to Xbox since the early 2000s.
How To Buy GME Stock
By now you're likely curious about how to participate in the market for GameStop – be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.
GME Price Action: GameStop shares were up 0.99% at $23.53 at the time of publication on Monday, according to Benzinga Pro.
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