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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.
The rally in the shares of GameStop, which has become a poster child of the retail mania, began after Gill shared a. ... whose bullish calls on the company spurred the 2021 meme stock rally. The ...
Is it January 2021 all over again for GameStop investors? One look at the retailer's stock ticker and you might think so. See: From Crypto to Stocks, Here's Where Americans Are Investing Their ...
GameStop shares closed Friday down 39.4% at $28.22. GameStop in 2021 was a video game retailer that was struggling to survive as consumers switched rapidly from discs to digital downloads. Big ...
Influential trader Keith Gill has inspired another wave of investment in the video games retailer
On Tuesday, GameStop Corp. (NYSE:GME) and AMC Entertainment Holdings Inc. (NYSE:AMC) once again captured the spotlight as their stock prices surged by 147% and 121% in pre-market trading ...
GameStop shares rose as much as 110% in the prior session following the reemergence of Keith Gill, also known as "Roaring Kitty," whose bull case on GameStop ignited the meme stock rally back in 2021.
The meme stock rally in 2021 was set off by Gill's posts on Reddit's Wallstreetbets discussion group about the gains he had made on his investments in the highly shorted firm.