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At its height, on January 28, the short squeeze caused the retailer's stock price to reach a pre-market value of over US$500 per share ($125 split-adjusted), nearly 30 times the $17.25 valuation at the beginning of the month. The price of many other heavily shorted securities and cryptocurrencies also increased.
The stock recently climbed above the $38 price at its initial public offering for the first time since late 2021, with the company gaining traction from a more diversified lineup of financial ...
GameStop stock sank nearly 40% Friday in highly volatile trading as GameStop filed to sell millions of shares — and more than half a million viewers tuned in for a much anticipated YouTube ...
*Stock prices used were end-of-day prices of Nov. 28, 2024. The video was published on Nov. 30, 2024. Don’t miss this second chance at a potentially lucrative opportunity
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.
r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and option trading. It has become notable for its colorful jargon, aggressive trading strategies, stories of extreme gains and losses acquired in the stock market, and for playing a major role in the GameStop short squeeze that caused significant losses for a number of US hedge funds and ...
After a historic 2021 that saw meme stocks soar to atmospheric levels, 2022 is sending them plummeting back to Earth. Take r/WallStreetBets darling GameStop (NYSE:GME), for example. GME stock is ...
The disconnect between a stock’s share price and the company’s performance were writ large during the GameStop (GME) stock price surge at the end of January 2021. The combination of irrational ...
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