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GameStop is not a conventional stock. Since the beginning of the stock’s “meme saga” in late 2020, the video game retailer’s share base has been taken over by small, retail investors.
The stock surged as much as 75% in early trading on Monday. Shares of GameStop climbed more than 75% in early trading on Monday, triggering a halt in markets multiple times on account of the ...
GameStop hopes its new Bitcoin purchase will bring it success like that of Strategy, which is up over 150% over the past year ...
In 2021, a movement led by retail investors to rapidly buy GameStop shares caused the stock to soar, creating a short squeeze, and short sellers rushed to buy the stock to cover their positions.
Pachter has a Sell rating on GameStop stock with a price target of $5.60. That’s nearly 70% below the current price, and the stock is up another 19% on Monday morning. Time will tell if Pachter ...
The stock also trailed its meme stock peers on Friday, gaining only 4.3% in the previous session compared to double-digit gains for Bed Bath & Beyond and AMC. GameStop stock is also not as heavily ...
Figure 1: GameStop Stock: Why Its Liquidity Has Been Declining Big-Time. ... This puts extra pressure on short sellers to cover their positions in case of an upward stock movement.
GameStop’s stock skyrocketed as much as 112% and AMC’s stock soared up to 129% shortly after market open, building on both stocks’ roughly 75% gains during Monday trading.
GameStop stock is trading flat after it raised another $450 million for possible Bitcoin purchases to add to its treasury.
GameStop shares are dropping 20% Thursday morning, a day after the video-game retailer announced a new fundraising effort.
NEW YORK — Shares of GameStop climbed more than 75% in early trading on Monday, triggering a halt in markets multiple times on account of the volatility. The rally softened over the ensuing ...