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GameStop short squeeze. In January 2021, a short squeeze of the stock of the American video game retailer GameStop and other securities took place, causing major financial consequences for certain hedge funds and large losses for short sellers. Approximately 140 percent of GameStop's public float had been sold short, and the rush to buy shares ...
The disconnect between a stock’s share price and the company’s performance were writ large during the GameStop (GME) stock price surge at the end of January 2021. The combination of irrational ...
What's going on with GameStop's stock doesn't make sense to a lot of people. The struggling video game retailer's stock has been making stupefying moves this month, wild enough to raise concerns ...
GameStop stock soared as much as 110% Monday before paring gains, and it was halted for volatility numerous times after "Roaring Kitty," the person who is seen as the kick-starter of the meme ...
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.
Here’s what it all means for GameStop stock and how Gill is poised to potentially earn millions. Roaring Kitty’s GameStop investment explained. ... the options position would rise $12 million ...
Here's why. GameStop stock (GME) 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 ...
Short squeezes result when short sellers of a stock move to cover their positions, purchasing large volumes of stock relative to the market volume. Purchasing the stock to cover their short positions raises the price of the shorted stock, thus triggering more short sellers to cover their positions by buying the stock; i.e., there is increasing ...