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As of January 28, 2021, the all-time highest intraday stock price for GameStop was $483.00 (nearly 190 times the low of $2.57 reached 9 months earlier in April 2020). [34] In pre-market trading hours the same day, it briefly hit over $500, up from $17.25 at the start of the month. [35] [34]
The move: GameStop stock jumped as much as 10% Friday morning to $28.97. The stock is down 8% year to date and is 76% below its record high, reached during the meme-stock craze of 2021 . The chart:
AMC, another meme stock, jumped 75% Monday, while Reddit traded 9% higher. ... each other on and piled into the brick-and-mortar video game stock, and GameStop call options, between 2020 and 2021 ...
The stock has since lost 70% of its value up to Friday's close, taking GameStop's market value to $5.82 billion. Earlier this month, GameStop said it expected its first-quarter net sales to drop ...
Theater chain AMC jumped 78%, while headphones maker Koss Corp soared 37%. ... which saw shares of GameStop surge as much as 21-fold over two weeks in January 2021 before crashing to pre-surge ...
Known as "Roaring Kitty" on YouTube and "DeepF***ingValue" on Reddit's popular WallStreetBets, Gill was a key figure in the so-called "Reddit rally", in which GameStop stock surged 1,600% at one ...
The struggling movie theater chain AMC jumped 2,300% in a very short span of time in the same year. Some big traders posted collosal losses as GameStop raced from less than $20, to close to $400 each.
The company expects net losses to be between $27 million and $37 million, narrowing from the $50.5 million a year ago, as GameStop has cut operating costs significantly in the past year.