By Reuters Staff 3 Min Read (Reuters) - Shares of GameStop Corp rose 18% on Wednesday, snapping a seven-day losing streak to post their biggest one-day increase since March 25. FILE PHOTO: GameStop logo is seen near displayed stock graph in this illustration taken February 2, 2021. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo The video game retailer’s shares closed at $166.53 with trading volume that was more than twice the stock’s 10-day moving average. Other so-called meme stocks - shares favored by the denizens of online communities such as Reddit’s WallStreetBets - were also volatile on Wednesday. Some supporters of the stock pointed to a late-Tuesday announcement that the company was voluntarily paying back $216 million in debt early as a catalyst for the gains.