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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. On March 25, the stock recovered dramatically, rising by 53 percent.
The GameStop saga. No one could have anticipated that a struggling video game retailer would be at the center of a next-level frenzy in the stock market that captivated the world, brought hedge funds to their knees and upended the conventions about small investors.
January 2021 saw one of the most notorious short squeezes in market history as Reddit's army of retail investors took on hedge funds to drive struggling retailer GameStop's stock price...
Dumb Money captures the mood of the moment when GameStop’s stock soared in 2021 and took on hedge funds as part of a short squeeze. But what do we really know about what happened to Robinhood ...
The movie Dumb Money tells how a group of amateur investors made a killing with GameStop stocks, and almost bankrupted huge investment firms in the process. Here's the true story that inspired it.
The GameStop stock frenzy, explained. How a bunch of Redditors made GameStop’s stock soar, much to the chagrin of the hedge funds attempting to short it.
The GameStop Saga Explained: How Reddit Investors Tripped Up Wall Street. Video game retailer GameStop has seen its stock soar, driven higher by a group of amateur day traders on Reddit, who are taking on Wall Street hedge funds. The frenzy has gotten the attention of regulators and lawmakers.
Here's everything you need to be equipped for the inevitable conversation about why GameStop's stock is rising, what short squeeze means, and how a Reddit trader sparked the Wall Street...
As it stands today, their share price is $25.32. Eat The Rich: The GameStop Saga is streaming on Netflix now. A new Netflix documentary recalls one of Reddit's most famous (and lucrative)...
Followers of YouTube personality Roaring Kitty, inspired by his enthusiasm for buying stock in the underdog retailer GameStop, made him an icon in the social media frenzy that shocked Wall Street. But what’s been a big victory for 34-year-old Keith Gill could lead to heartbreak and hardship for followers who jumped on the bandwagon and took ...