Search results
Results from the WOW.Com Content Network
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.
GameStop stock rose nearly 60% on Tuesday, adding to a meme-fueled rally that sent shares of the video game retailer up 74% in the prior session. The rise in GameStop was also accompanied by a ...
GameStop stock surged as much as 110% after 'Roaring Kitty,' who was credited ... GME shorts are now down -$1.34 billion in May month-to-date losses, and now down -$952 million for the year," Ihor ...
GameStop is a heavily shorted stock, with short interest just above 21% of the float. The company took advantage of mid-May's unexpected meme rally, selling 45 million shares to bring in about ...
The stock surged 25% on the news. Typically, investors would expect the stock price of a company issuing new shares — which dilute the value of current holdings — to decline after a stock sale.
GameStop has rocketed 2,419% since April. However, recent heat under GME shares has been fueled not just by good news, but also doubters calling it quits. Why GameStop Stock Has Gone on an Epic Tear
GameStop stock (GME) rose about 5% in early trading on Friday after CNBC reported the video game retailer is exploring investing in cryptocurrencies, including bitcoin (BTC-USD). CNBC specified ...
Gill, credited with igniting the meme stock rally back in 2021, is also known as "Roaring Kitty" on X and YouTube. Monday's surge came after GameStop rallied 180% over a span of two days back in ...