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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.
More than a decade after the short squeeze of VW stock, retail traders team up against hedge funds. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 ...
5 million shares of GameStop purchased for $21.27, worth approximately $116 million at the time of the post. 120,000 June 2024 $20 call options purchased for about $5.68, worth nearly $66 million ...
[3] [4] His analyses of GameStop stock (NYSE: GME) and details of his resulting investment gains—posted on Reddit under the username DeepFuckingValue (DFV) and on YouTube and Twitter as Roaring Kitty, were cited as a driving factor in the GameStop short squeeze of January 2021, and as a spark for the subsequent trading frenzy in retail stocks.
Such a short squeeze likely contributed to GameStop's thrilling ascent in 2021, but the SEC's staff said it was a small fraction of the overall purchases and that GameStop's stock stayed high even ...
The documentary chronicles the GameStop short squeeze of 2021 which saw GameStop's stock rise over 2,500% amidst rampant volatility. This story is told mostly from the viewpoint of several value investors who participated in sharing their due diligence on social media, most notably Roaring Kitty's YouTube streams.
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. GameStop stock gained ...
Jon Najarian, MarketRebellion.com co-founder and CNBC contributor, joined the IBD Live team on Jan. 29 to provide insights into the GameStop short squeeze frenzy kicked off by Reddit group r ...