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The event marked Gill's first live appearance on the channel since the investor helped ignite a meme stock rally in 2021 via his bullish videos and posts about the video game retailer.
This helped GameStop report a net income of $17.4 million in the third quarter, compared with a net loss of $3.1 million a year ago. GameStop reports third-quarter profit on spending cuts Skip to ...
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.
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.
In its filing to sell up to 75 million shares of stock, GameStop noted that between Feb. 4 and June 6, the closing price of its stock has ranged between $10.01 and $48.75, and daily trading volume ...
GameStop stock rose nearly 60% on Tuesday, adding to a meme-fueled rally that sent shares of the video game retailer up 74% in the prior session. The rise in GameStop was also accompanied by a ...
GameStop raised almost $2.14 billion as it capitalized on the recent stock rallies spurred by the online reemergence of influential retail trader Keith Gill.The video game retailer said on Tuesday ...
By the end of 2020, total Nintendo Switch family units had outsold the lifetime sales of the Nintendo 3DS, its handheld console predecessor, by selling nearly 80 million units. [2] As of September 30, 2024, 146.04 million Nintendo Switch consoles had been shipped, with over 1.3 billion copies of games having been shipped for the platform. [3]