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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.
On July 6, 2022, GameStop announced that it would conduct a four-for-one stock split. Investors who owned Class A common stocks by market close on July 18, 2022, would receive three additional ...
In July 2022, GameStop — the fairy-tale stock at the center of history’s greatest short squeeze — announced a 4-for-1 stock split. That’s just one of many tech-related splits that have ...
Shares of GameStop stock fell 16% in 2016. [101] On February 28, 2017, shares dropped an additional 8% following Microsoft's announcement of its Xbox Game Pass service. [ 102 ] Following these reports, GameStop announced it would close over 150 stores in 2017 and expand its non-gaming business. [ 103 ]
Shares of GameStop Corp rose nearly 5% in premarket trading on Thursday after the video game retailer announced a four-for-one stock split in an attempt to revive retail interest that has waned ...
The documentary chronicles the GameStop short squeeze of 2021 which saw GameStop's stock rise over 2,500% amidst rampant volatility. This story is told mostly from the viewpoint of several value investors who participated in sharing their due diligence on social media, most notably Roaring Kitty's YouTube streams.
(Reuters) -Shares of GameStop Corp rose nearly 10% on Thursday after the video game retailer announced a four-for-one stock split in an attempt to revive retail interest that has waned amid a ...
In a reverse stock split, your current shares are exchanged for fewer shares. When the split occurs, the share price also changes automatically to reflect the exchange ratio. That is, regardless ...