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After a historic 2021 that saw meme stocks soar to atmospheric levels, 2022 is sending them plummeting back to Earth. Take r/WallStreetBets darling GameStop (NYSE:GME), for example. GME stock is ...
GameStop stock surged as much as 110% after 'Roaring Kitty,' who was credited with starting the 2021 meme stock frenzy, posted on X for the first time in three years. ... GME shorts are now down ...
An investor going short borrows shares and sells them in the hopes of being able to buy back the stock at a lower price in the future. If GameStop’s share price is above the options’ $20 ...
At its height, on January 28, the short squeeze caused the retailer's stock price to reach a pre-market value of over US$500 per share ($125 split-adjusted), nearly 30 times the $17.25 valuation at the beginning of the month. The price of many other heavily shorted securities and cryptocurrencies also increased.
GameStop stock sank nearly 40% Friday in highly volatile trading as GameStop filed to sell millions of shares — and more than half a million viewers tuned in for a much anticipated YouTube ...
The stock had been flat year to date ahead of Monday's rally but had risen about 60% in the past month. GameStop stock is now up over 180% over the last month, not including Tuesday's gains.
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