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GameStop did not disclose the price at which it sold the shares, but based on Reuters calculations, they were sold at an average price of $20.74 each. Its shares were currently trading at $21.93.
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:
Nvidia stock sinks over 8%, market cap dips below $3T as earnings are no match for sky-high expectations. Nvidia stock sank 8.5% Thursday as investor enthusiasm over Blackwell AI sales was dampened by Nvidia's lower-than-expected guidance for first quarter gross margins.
GameStop is cashing in after a meme stock boom sent shares flying as high as 350% this month—and it’s leaving investors holding the bag, just as the company reported disappointing quarterly ...
GameStop raised almost $2.14 billion as it capitalized on the recent stock rallies spurred by the online reemergence of influential retail trader Keith Gill.The video game retailer said on Tuesday ...
The RSX 'Reality Synthesizer ' is a proprietary graphics processing unit (GPU) codeveloped by Nvidia and Sony for the PlayStation 3 game console. It is based on the Nvidia 7800GTX graphics processor and, according to Nvidia, is a G70/G71 (previously known as NV47) hybrid architecture with some modifications.
Meme stock retailer hopes classic games are its future. ... GameStop goes old-school with launch of new ‘Retro GameStop’ stores. ... Wii U, Nintendo GameCube, Xbox, Xbox 360, PS1, PS2, PS3, PS ...