Search results
Results from the WOW.Com Content Network
The move: GameStop stock jumped as much as 10% Friday morning to $28.97. The stock is down 8% year to date and is 76% below its record high, reached during the meme-stock craze of 2021 . The chart:
As of January 28, 2021, the all-time highest intraday stock price for GameStop was $483.00 (nearly 190 times the low of $2.57 reached 9 months earlier in April 2020). [34] In pre-market trading hours the same day, it briefly hit over $500, up from $17.25 at the start of the month. [35] [34]
The company expects net losses to be between $27 million and $37 million, narrowing from the $50.5 million a year ago, as GameStop has cut operating costs significantly in the past year.
Recently, the stock has started to move higher, which may have rekindled Gill’s interest, along with the enormous amount of short interest in the name. GameStop has soared 57% so far in May ...
The stock's 30-day implied volatility — how much traders expect the shares to move around over the short term — jumped to a 3-week high of 132%, up from 93% in the previous session, data showed.
The meme frenzy revival began last month, when GameStop rallied 180% over a span of two days after Keith Gill, known as Roaring Kitty online, posted for the first time on social media platform X ...
The stock is the number one trending ticker on the Yahoo Finance platform. GameStop's net profits tallied $48.2 million, a major swing from a net loss of $147.5 million a year ago.
Click here for the latest stock market news and in-depth analysis, including events that move stocks Read the latest financial and business news from Yahoo Finance Show comments