GameStop shares climb in early deals, on track for second best week

Shares of GameStop Corp rose 11% in early deals on Friday, as retail investors pushed up the stock in a renewed rally that could see it clock its second best week.
 

Options market activity in the stock, which has returned to the top of the list in a social media-driven retail trading frenzy, suggested investors were betting on higher prices or higher volatility, or both.
 

GameStop shares touched $120.60 and were on track to nearly triple this week in an equity market where falling bond prices have weakened general investor sentiment towards U.S. stocks.
 

Further support could come from holders