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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:
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 stock jumped as much as 20% after the bell on Thursday before giving back some gains. A social media post from GameStop CEO Ryan Cohen over the weekend sparked speculation over GameStop's ...
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 ...
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The stock's 30-day implied volatility — how much traders expect the shares to move around over the short term — jumped to a 3-week high of 132%, up from 93% in the previous session, data showed.
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.
GameStop stock sank nearly 40% Friday in highly volatile trading as GameStop filed to sell millions of shares — and more than half a million viewers tuned in for a much anticipated YouTube ...