Shares of GameStop Corp. GME,
Dropped 3.6% in premarket trading Wednesday, after well-known short-seller Citron Research said it will live-stream a bearish call on the video game seller following the recent rocket ride. The stock is up 108.9% this month after the company reached an agreement with an activist investor on a shake board and reported strong holiday sales, which some believe fueled the squeezing of bearish bets. Citron tweeted that Tuesday it will livestream at 11:30 am ET five reasons why buyers of GameStop’s stock at the current level are “the suckers of this poker game.” Citron said it believes the stock will “quickly” fall back to $ 20. The stock has nearly tripled (+ 184.0%) in the past three months, while the S&P 500 SPX,
has gained 10.3%.