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As a result, GameStop's stock price declined, leading many institutional investors to believe it would continue falling, thus short-selling the stock. On January 22, 2021, approximately 140 percent of GameStop's public float [ a ] had been sold short, meaning some shorted shares had been re-lent and shorted again.
Investors interpreted Gill’s social posts as a bullish signal for GameStop’s stock, which rocketed up nearly 200% on Monday. ... diluting the value of existing stock and sending prices ...
The value of his sizeable GameStop options holdings briefly slipped into the red on Tuesday when the stock tumbled by as much as 8%. As GameStop shares gyrate, Roaring Kitty faces ticking clock on ...
Still, GameStop capitalized on May's rally, selling 45 million shares and bringing in around $930 million in proceeds. The stock surged 25% on the news. The stock surged 25% on the news.
GameStop is set to lose more than $700 million in its market capitalization if the losses hold. As of Tuesday, GameStop's stock had fallen nearly 12% this year, as the retail and ecommerce ...
GameStop stock sank as much as 30% on Friday after the company filed to sell 45 million new shares of common stock and released preliminary financial results that revealed sales fell sharply from ...
In its filing to sell up to 75 million shares of stock, GameStop noted that between Feb. 4 and June 6, the closing price of its stock has ranged between $10.01 and $48.75, and daily trading volume ...
GameStop stock fell as much as 15% during the struggling video game retailer's annual shareholder meeting on Monday as the company gave few details on its strategy going forward.Chairman and CEO ...