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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 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 ...
“Dumb Money” whisks us back to a time in American history, the year 2020, when Keith Gill, a Reddit and YouTube demi-celebrity, cranked up the poor little GameStop stock to improbable heights.
NEW YORK (Reuters) -Investors in GameStop have for now withdrawn their lawsuit accusing Keith Gill, who is known as "Roaring Kitty" and helped spur the meme stock mania of 2021, of defrauding them ...
The creative team behind Sony’s David-and-Goliath comedy “Dumb Money” drew parallels between the battle between Reddit investors and Wall Street tycoons over the GameStop stock and the ...
GameStop shares were down roughly 1% in early trading Friday. The bump in share prices comes ahead of the company’s third-quarter earnings, which will be released on Dec. 10.
GameStop's first quarter came in worse than Wall Street had hoped, with revenue of $1.24 billion coming in short of analysts expectations for $1.34 billion. Shares of GameStop fell nearly 20% at ...
The movie is at its most compelling when GameStop's stock soars 1,600% — making potential investors into paper millionaires but leaving them anxious about whether to ride higher or cash out.