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GameStop shares lost 60 percent of their value on February 2, closing below $100 for the first time in a week. [ 65 ] [ 66 ] Reports estimated that about $27 billion in value had been erased. [ 66 ] [ 67 ] Other assets affected by the short squeeze and put under company trading restrictions, such as AMC and Blackberry shares, also declined in ...
That is 2.1% of GameStop's 426 million outstanding shares, according to a recent regulatory filing. The update also showed he no longer holds the 120,000 June 21, $20 strike call options he had ...
The short position in GameStop stood at 57.6 million shares, or 18.4% of the outstanding shares, Ortex data showed. That compares to 162% in 2021, when the stock had its initial, eye-popping rally.
The Reddit trading crowd’s favorite trader holds 5 million shares of GameStop worth $115.7 million as of Friday’s closing price, according to the account snapshot posted on Reddit’s r ...
Meme stock GameStop rallied again Monday on speculation Keith Gill, the man who inspired 2021′s epic short squeeze, could have a huge position in the video game retailer.
GameStop shares rose as much as 110% in the prior session following the reemergence of Keith Gill, also known as "Roaring Kitty," whose bull case on GameStop ignited the meme stock rally back in 2021.
In January 2021, GameStop shares hit an all-time high of $120.75 intraday, adjusted for a subsequent 4-for-1 stock split in the summer of 2022.
Influential trader Keith Gill has inspired another wave of investment in the video games retailer