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GameStop could now achieve profitability by simply investing in ultra-safe U.S. Treasuries rather than selling actual video games, making it the equivalent of a Ryan Cohen family office with a ...
GameStop stock soared Thursday after “Roaring Kitty,” the originator of the meme stock frenzy, scheduled a YouTube live event for Friday. The livestream is scheduled for June 7 at 12 p.m. ET ...
First X, then Reddit, now YouTube. GameStop's most bullish enthusiast announced a livestream, and the stock surged. GameStop stock soars as 'Roaring Kitty' announces livestream, reveals $382 ...
The gaming world may be heading to the digital space, but GameStop refuses to leave the classics behind. The video game retail company is turning some of its stores into "GameStop Retro" locations ...
GameStop continued its expansion, operating 636 stores across Europe by 2007, now including Portugal. [66] In April 2008 with the acquisition of Free Record Shop 's 49 Norwegian stores. [ 67 ] [ 30 ] This was followed in October with the acquisition of French video-game retailer Micromania and its 332 stores for $700m, which increased its ...
GameStop is looking to the past as it plans its future.. The beleaguered retailer, which remains a meme stock favorite, announced plans Wednesday to launch a series of “retro” stores, which ...
However, his compensation decreased in 2021, due to the impact of the GameStop short squeeze on the fund. [9] Despite receiving $2 billion from Kenneth C. Griffin and $750 million from Steve Cohen, on May 18, 2021, Bloomberg announced Melvin Capital went defunct shorting GameStop and Gabe Plotkin would be shutting down his firm. [10]
A GameStop store in a mall. In September 2019, Gill, under the username "u/DeepFuckingValue", posted on the subreddit r/wallstreetbets a screenshot of a trade consisting of a roughly $53,000 long position in GameStop; [8] Gill's Reddit posts and YouTube videos argued (through both fundamental and technical analysis) that the stock was undervalued. [3]