WallStreetBets27 Jan 2021 09:31
Pearson PLC (LON:PSON) shares gained over 12% in early trading on Wednesday as a rally in heavily shorted stocks continued its move in Europe. The moves in heavily shorted stocks began with GameStop Corp (NYSE:GME) in the US when an army of traders on the WallStreetBets subreddit helped push the company’s share price higher, forcing it to halt trading a number of times. GameStop shares closed Tuesday at $147.98, up 92% on the day before rallying a further 41% in after market trading.