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Meme stock retailer hopes ... Nintendo GameCube, Xbox, Xbox 360, PS1, PS2, PS3, PS Vita ... Budokai Tenkaichi 3 for the PlayStation 2 carried a $120 price tag. That game cost $60 when it came out ...
The screenshot showed holdings of 5 million GameStop shares purchased at an average price of $21.274, a position worth $115.7 million as of Friday's closing price of $23.14. GameStop shares traded ...
This helped GameStop report a net income of $17.4 million in the third quarter, compared with a net loss of $3.1 million a year ago. GameStop reports third-quarter profit on spending cuts Skip to ...
On February 24, the GameStop stock price doubled within a 90-minute period, and then averaged approximately $200 per share for another month. On March 24, the GameStop stock price fell 34 percent to $120.34 per share after earnings were released and the company announced plans for issuing a new secondary stock offering.
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 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 ...
On Thursday, October 6, 2005, shareholders from EB Games and GameStop agreed to a $1.44 billion takeover deal. [29] The deal offered $38.15 [30] in cash as well as approximately ¾ of a share of GameStop stock for every 1 share of EB Games stock. This offer was a 34.2% premium on the $41.12 per share closing price of EB Games stock.
That’s a big windfall for company that only reported around $6 billion in revenues last year, but the day traders who juiced GameStop’s shares in the first place are paying the price: The ...