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  2. GameStop short squeeze - Wikipedia

    en.wikipedia.org/wiki/GameStop_short_squeeze

    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.

  3. GameStop stock soars over 70% as 'Roaring Kitty' revival ...

    www.aol.com/finance/gamestop-stock-gains-80-gets...

    Short interest on GameStop sits at around 24% of the float, according to S3 Partners data. "Including today's losses, GME shorts are now down -$1.34 billion in May month-to-date losses, and now ...

  4. Short squeeze - Wikipedia

    en.wikipedia.org/wiki/Short_squeeze

    The GameStop short squeeze, starting in January 2021, was a short squeeze occurring on shares of GameStop, [19] [20] primarily triggered by the Reddit forum WallStreetBets. [21] [22] This squeeze led to the share price reaching an all-time intraday high of US$483 on January 28, 2021 on the NYSE.

  5. Citron Research's Left shorts GameStop more than 3 years ...

    www.aol.com/news/citron-researchs-left-shorts...

    Citron was forced to close its short position in GameStop at a loss in 2021, after retail traders ganged up against heavily shorted stocks on online forums to drive rallies, which cost bearish ...

  6. Melvin Capital - Wikipedia

    en.wikipedia.org/wiki/Melvin_Capital

    [3] [4] It was reported to have $8 billion in AUM as of January 2021. [5] During the GameStop short squeeze of 2021, it sustained losses of 53% or $6.8 billion, at one point losing more than a billion dollars a day; [5] [6] in Q1 2021, the firm's assets declined 49%, and it finished 2021 down more than 39% on the year, during which the S&P 500 ...

  7. Data shows 'vast majority' of bets against GameStop have ...

    www.aol.com/finance/data-shows-vast-majority...

    Short interest in GameStop stands at around $1.3 billion with 52.9 million shares shorted, per the latest available figures from S3 Partners. Not all outstanding shares of a company are made ...

  8. GameStop - Wikipedia

    en.wikipedia.org/wiki/GameStop

    [142] [143] [144] GameStop's Australian division has been the only profitable segment of the global GameStop business for the 2020, 2021 and 2022 fiscal years. The company reported profits of US$9.4 million, US$52.2 million and US$30.6 million for each fiscal year respectively.

  9. GameStop stock slides 18% as meme rally fades - AOL

    www.aol.com/finance/gamestop-stock-tanks-25-meme...

    Short interest in GameStop remained elevated since that meme rally, data from S3 Partners showed, with almost 24% of the float. GameStop shorts were down $1.36 billion on Tuesday after losing ...