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That’s a big windfall for company that only reported around $6 billion in revenues last year, but the day traders who juiced GameStop’s shares in the first place are paying the price: The ...
The contracts last traded at $11.25 apiece, valuing Gill's options position at about $135 million. ... have likely squared the risk on their books by buying GameStop shares. If the stock price ...
GameStop did not disclose the price at which it sold the shares, but based on Reuters calculations, they were sold at an average price of $20.74 each. Its shares were currently trading at $21.93.
Last month, GameStop sold 45 million shares, bringing in about $930 million in proceeds. The announcements came on the heels of the stock's 47% surge in the prior session after "Roaring Kitty ...
On February 24, the GameStop stock price doubled within a 90-minute period, and then averaged approximately $200 per share for another month. On March 24, the GameStop stock price fell 34 percent to $120.34 per share after earnings were released and the company announced plans for issuing a new secondary stock offering.
GameStop Corp (NYSE:GME) shares were trading higher in the premarket in a volatile Monday session, indicating a possible rebound. Last Friday, the stock closed lower by 39% after the company ...
GameStop stock attracted $18 million worth of purchases last Monday as the stock surged following a post from Gill showing a massive position in the stock. By comparison, the stock's peak inflow ...
Still, GameStop capitalized on May's rally, selling 45 million shares and bringing in around $930 million in proceeds. The stock surged 25% on the news. The stock surged 25% on the news.
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