Late Tuesday, GameStop said it will report fiscal-year and fourth-quarter revenues after the market closes March 23. Earlier in the day, the Senate Banking Committee started hearings into financial speculation and the easy-trading practices of Robinhood and other zero-commission companies that, integrated with chatter from Reddit forums, assisted sustain the historic buying of greatly shorted stocks– such as GameStop and AMC Entertainment Holdings Inc
.

GameStop shares are up more than 1,200% year to date, and more than 5,700% over the previous 12 months. Shares started surging once again Monday after GameStop revealed a brand-new technique committee to determine methods to accelerate its improvement, which will be led by activist investor and Chewy Inc
.
CHWY,. +5.37%.
co-founder Ryan Cohen. Late Tuesday, GameStop stated it will report fourth-quarter and fiscal-year profits after the market closes March 23. Previously in the day, the Senate Banking Committee started hearings into financial speculation and the easy-trading practices of Robinhood and other zero-commission companies that, combined with chatter from Reddit forums, helped fuel the historic buying of greatly shorted stocks– such as GameStop and AMC Entertainment Holdings Inc
.
AMC,. +13.02%.
— previously this year.

Shares of GameStop Corp. shot higher again Tuesday, closing at its acme since the end of January and pushing its market cap back above $17 billion. After plunging about 90% from its highs of the meme-stock-buying frenzy in January, GameStop stock
GME,
+26.94%.
has actually skyrocketed more than 108% in the past five trading sessions, including Tuesdays 27% gain. Shares closed Tuesdays regular session at $246.90, off from a record close of $347.51 on Jan. 27, and were up another 3% in after-hours trading.

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