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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 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.
GameStop in March cut an unspecified number of jobs to reduce costs and reported lower fourth-quarter revenue, causing it to fall 14% after its results were announced.
Shares of GameStop climbed 21% on Monday as the renewed frenzy around meme stocks shows little sign of abating.. The video game retailer’s stock soared hours after a Reddit post by stocks ...
The stock has since lost 70% of its value up to Friday's close, taking GameStop's market value to $5.82 billion. Earlier this month, GameStop said it expected its first-quarter net sales to drop ...
Since hitting a high of $64 per share in May 2024 amid a meme stock revival, GameStop shares have slumped and are off about 15% in the past month. The company has yet to report fourth quarter ...
GameStop’s (GME) share price convulsions are riveting Wall Street and the rest of the U.S. financial establishment. Between Jan. 11 and Jan. 26, 2021, shares of the Grapevine, Texas-based ...