GameStop’s Tumult Lives On With $6.4 Billion Roller Coaster Trip

GameStop Corp. is ending the week lower than where it started, even after retail investors refused to let go of their commitment to the stock following an earnings-related selloff.

Investors were quick to get over GameStop’s 12th consecutive quarter of slowing sales and management’s decision to not take questions on its earnings call on Tuesday, despite warnings from most Wall Street analysts. On Thursday, shares erased the earnings-led slump. More than $6.4 billion in market value was whipsawed from Monday’s intraday high of $210.36 to a bottom of $118.62 on Wednesday.

That tumultuous ride lives on as the week draws ...