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A GameStop store in 2014. GameStop, an American chain of brick-and-mortar video game stores, had struggled in the years leading up to the short squeeze due to competition from digital distribution services, as well as the economic effects of the COVID-19 pandemic, which reduced the number of people who shopped in-person.
GameStop stock is now up over 180% over the last month, not including Tuesday's gains. In a note to clients, Nicholas Colas, co-founder at DataTrek Research, wrote this recent trading action ...
NEW YORK (Reuters) -The clock is ticking for Keith Gill, the stock influencer known on YouTube as "Roaring Kitty," to lock in gains on his options position in GameStop as the company’s share ...
GameStop has soared 57% so far in May, closing Friday at $17.46. But the fundamental business at GameStop, evidenced by its most recent earnings report, shows a discouraging picture at the video ...
GameStop stock rocketed higher after a YouTube account believed to be tied to investor Keith Gill, also known as "Roaring Kitty" on social media, posted a livestream scheduled for Friday at noon ET.
GameStop's Australian subsidiary EB Games Australia was the only arm of the global GameStop business not to report huge COVID-related losses, with sales instead soaring by 30 per cent. In Australia COVID-19 lockdowns were managed by the Australian Federal Government National Cabinet which largely permitted retail stores to remain open with ...
A GameStop store in a mall. In September 2019, Gill, under the username "u/DeepFuckingValue", posted on the subreddit r/wallstreetbets a screenshot of a trade consisting of a roughly $53,000 long position in GameStop; [8] Gill's Reddit posts and YouTube videos argued (through both fundamental and technical analysis) that the stock was undervalued. [3]
GameStop raised almost $2.14 billion as it capitalized on the recent stock rallies spurred by the online reemergence of influential retail trader Keith Gill.The video game retailer said on Tuesday ...