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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.
Market makers who sold Gill his call contracts would have likely squared the risk on their books by buying GameStop shares. If the stock price slips below the contracts’ strike price, market ...
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 stock rose nearly 60% on Tuesday, adding to a meme-fueled rally that sent shares of the video game retailer up 74% in the prior session. The rise in GameStop was also accompanied by a ...
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 ...
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Shares of GameStop Corp., which have faded steadily since 2021, are up 57 per cent this month. By comparison, AMC Entertainment Holdings Inc., is up 10 per cent over the past 30 days; Koss Co. a ...
Short-sellers aim to turn profits on a stock by borrowing shares, selling them and returning them after purchasing them at a lower price. Shares of AMC Entertainment, another meme stock, popped 78 ...