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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.
If a company’s stock is delisted from an exchange, shareholders still own their shares in the company, but the stock may trade over-the-counter, which could lead to decreased liquidity and less ...
GameStop stock tanked more than 18% Wednesday as a rally among meme names showed signs of fading. Shares of the video game retailer are coming off a two-day short squeeze.
Interest in meme stocks started in 2020, [4] in what the U.S. Securities and Exchange Commission has called a "meme stock phenomenon". [12] The stock of American video game retailer GameStop has been one of the most popular meme stocks, [13] [14] with mass purchases of the stock leading to a short squeeze on GameStop in early 2021. [5]
GameStop (stock ticker symbol GME), an American video game retailer; General Microelectronics, a defunct American semiconductor manufacturer; General Motors Egypt; General Motors Europe; Green Mountain Energy, American company; Guardian Media Entertainment, collaboration between the National Hockey League and comics creator Stan Lee
GameStop (GME) closed the most recent trading day at $4.87, moving -1.22% from the previous trading session.
B Acquired Electronics Boutique Holdings Corp. ("EB Games"), a United States–based video games retailer operating approximately 2,300 stores expanding GameStop's operations in/into Australia, Canada, Europe, New Zealand and the United States. C Acquired Game Brands Inc. ("Rhino Video Games"), a United States–based video game retailer ...
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 ...