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GameStop is cashing in after a meme stock boom sent shares flying as high as 350% this month—and it’s leaving investors holding the bag, just as the company reported disappointing quarterly ...
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 ...
On Monday, GameStop shares sank about 15% to $24.06, following a dive of nearly 40% on Friday after the company reported a drop in quarterly sales. GameStop tumbles for second day as meme-stock ...
The surprise social media return of the trader who helped ignite the meme stock frenzy in 2021 sent GameStop shares skyrocketing Monday. The surge had nothing to do with the troubled company’s ...
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 surged 21% on Monday after user "DeepF***ingValue, an account believed to be tied to individual investor Keith Gill — who ignited the meme stock rally back in 2021 — posted a ...
Analyst blasts GameStop after meme stock surges on obscure Roaring Kitty post. Chris Morris. December 6, 2024 at 11:26 AM. GameStop shares are up 70% this year, despite a lack of fundamentals.
GameStop is a heavily shorted stock, with short interest just above 21% of the float. The company took advantage of mid-May's unexpected meme rally, selling 45 million shares to bring in about ...