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GameStop did not disclose the price at which it sold the shares, but based on Reuters calculations, they were sold at an average price of $20.74 each. Its shares were currently trading at $21.93.
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 ...
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 Corp (NYSE:GME) shares were trading higher in the premarket in a volatile Monday session, indicating a possible rebound. Last Friday, the stock closed lower by 39% after the company ...
The stock had been flat year to date ahead of Monday's rally but had risen about 60% in the past month. GameStop stock is now up over 180% over the last month, not including Tuesday's gains.
GameStop stock tanked more than 18% Wednesday as a rally among meme names showed signs of fading. Shares of the video game retailer are coming off a two-day short squeeze.
GameStop shares declined 5% on Tuesday following the meme stock's 21% gains in the prior session that were ignited by a social media post late Sunday from an account believed to be tied to the ...
The stock is the number one trending ticker on the Yahoo Finance platform. GameStop's net profits tallied $48.2 million, a major swing from a net loss of $147.5 million a year ago.