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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.
The stock of embattled retailer GameStop soared when one meme-stock investor touted the stock last month. Now that investor, Keith Gill, has revealed a $181 million stake in GameStop, and it ...
5 million shares of GameStop stock purchased for $21.27, worth approximately $116 million at the time of the post. 120,000 June 2024 $20 call options purchased for about $5.68, worth nearly $66 ...
The letter also revealed that Scion owned approximately 2,750,000 shares, or about 3.05% of GameStop. The stock price of GameStop, which had been in steady decline in share price since late January 2019, spiked roughly 20% after Burry revealed that he was buying the stock in an interview with Barron's.
GameStop stock surged 21% on Monday after user "DeepF***ingValue, ... These contracts confer the right to buy GameStop shares at $20 each, a position worth $65.7 million as of Friday's close.
The following day, GameStop stock value soared up to 118%, its largest intraday gain in over three years according to Business Insider. On Tuesday GameStop stock rose over 60%. On Tuesday GameStop ...
Meme stock GameStop is rallying again on speculation Keith Gill, the man who inspired 2021′s epic short squeeze, could currently have a huge position in the video game retailer.
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 ...