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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 ...
Participants in the meme-stock mania ... Leading the way is video game retailer GameStop, whose shares soared 74% in Monday trading to about $30 and were up another 93% in Tuesday morning trading ...
GameStop stock surged 25% on Tuesday after the video game retailer said it raised almost $1 billion from its latest equity offering.The stock action reflects investor exuberance when it comes to ...
The meme stock phenomenon ultimately led to congressional hearings and a movie was even made about the ordeal in 2023 called “Dumb Money.” Meme stocks: Why they’re making a comeback in 2024
The video game retailer’s stock soared hours after a Reddit post by stocks influencer Keith Gill — also known as “Roaring Kitty” — revealed that he had bought nearly $116 million worth ...
In fact, the recent price action in the meme stocks that produced volatility triggers seems to be explained more by idiosyncratic factors and general market volatility than by any latent ...
Short-sellers aim to turn profits on a stock by borrowing shares, selling them and returning them after purchasing them at a lower price. Shares of AMC Entertainment, another meme stock, popped 78 ...
While GameStop shares have surged in recent weeks, it is still down 65% from its record high closing price in 2021. The video game retailer reported last Friday a loss of $32.3 million during the ...