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Chart showing the price movement and volume during the 2008 short squeeze of Volkswagen shares. In the stock market, a short squeeze is a rapid increase in the price of a stock owing primarily to an excess of short selling of a stock rather than underlying fundamentals.
Video game retailer GameStop Corp. (NYSE: GME) is getting a lot of attention so far in 2021 for its dramatic short squeeze that has sent shares soaring from a 52-week low of $2.57 to as high as ...
More than a decade after the short squeeze of VW stock, retail traders team up against hedge funds. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 ...
A GameStop store in 2014. GameStop, an American chain of brick-and-mortar video game stores, had struggled in the years leading up to the short squeeze due to competition from digital distribution services, as well as the economic effects of the COVID-19 pandemic, which reduced the number of people who shopped in-person.
Also in 2008, Merckle made a speculative investment based on his belief that Volkswagen shares would fall; however, in October 2008, Porsche SE's support of Volkswagen led to a short squeeze that sent shares on the Xetra stock exchange from €210.85 to over €1,000 in less than two days. It is believed that he lost as much as €500 million.
There’s a fundamental mathematical proposition that makes shorting stocks risky. One of the smaller — but still substantial — risks is that of a “short squeeze.” When a heavy number of ...
The Antisocial Network: The GameStop Short Squeeze and the Ragtag Group of Amateur Traders That Brought Wall Street to Its Knees (or simply The Antisocial Network) is a 2021 non-fiction book by Ben Mezrich about the GameStop short squeeze. The 2023 film Dumb Money is based on the book.
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