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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.
Short interest on GameStop sits at around 24% of the float, according to S3 Partners data. "Including today's losses, GME shorts are now down -$1.34 billion in May month-to-date losses, and now ...
Short interest in GameStop stands at around $1.3 billion with 52.9 million shares shorted, per the latest available figures from S3 Partners. Not all outstanding shares of a company are made ...
Short interest in GameStop remained elevated since that meme rally, data from S3 Partners showed, with almost 24% of the float. GameStop shorts were down $1.36 billion on Tuesday after losing ...
Interest in meme stocks started in 2020, [4] in what the U.S. Securities and Exchange Commission has called a "meme stock phenomenon". [12] The stock of American video game retailer GameStop has been one of the most popular meme stocks, [13] [14] with mass purchases of the stock leading to a short squeeze on GameStop in early 2021. [5]
The fund was noted for having high returns between 2014 and 2020, averaging 30% annually. [15] In its first full year in operation, Melvin Capital had returns of 47%, ranking it 2nd in Bloomberg 's 2015 list of top-performing funds with $1 billion or more in assets under management.
Investor pessimism, however, has quietly turned GME stock into a short-squeeze candidate. Sagging trading volume means that it would take tr. Editor’s note: This article was updated on Oct. 18 ...
EGX 2020, planned for 17–20 September 2020, was cancelled, though online events were held 12–20 September 2020. [52] MAGWest 2020 and 2021 were both held virtually. [53] TennoCon 2020 and 2021 were conducted virtually. [54] 2020 Gaming Community Expo scheduled for Orlando, Florida, in June was cancelled. The event moved online as a charity ...