GameStop(NYSE:GME) stock is up 64% in the past six months. But just try finding timely information about the company. GameStop stock has justtwo analystscovering it. Yet it has an average daily volume of over14 millionshares. That’s 7 million shares per analyst. Nvidia(NASDAQ:NVDA) has...
As a result, big bets short-sellers made that GameStop's stock would fall went wrong, leaving them facing billions of dollars in collective losses.In such bets, called "short sales," investors borrow a share and sell it in hopes of buying it back later at a lower price and pocketing ...
But don’t go naked short or long GameStop and expect easy wins. As we collectively stumble through 2021, it would be wise to remember this: GME stock could continue a run to $60 and beyond if the short squeeze (and internet cheerleaders) continue their gleeful misch...
The price shot up to some $350 and eventually the stock-trading app Robinhood stopped allowing GameStop trades It was such an anomaly that the House Financial Services Committee held a hearing on it this month. Wednesday sure seemed like it could be the beginning of another wild ride. By ...
“I didn’t have any triggers to sell the stock whether it went up or down. I certainly wouldn’t have put it at $197 when it had just been almost $500,” Jett Flores, who said he was holding stock in GameStop and AMC through Robinhood, toldThe Verge. ...
Meme stocks like GameStop and BlackBerry are back. Here's why. AMC and BlackBerry joined the meme stock surge on Tuesday as investors posted screenshots of their trading gains. May 14, 2024 GTA VI trailer to debut in December. Here's what to know. ...
The rapid rise came as reddit, the online home of activist investors that led the GameStop movement in January, went down temporarily. The stock gained nearly 90% in after-hours trading. It came one day after the firm announced its chief financial officer Jim Bell would resign next month to...
Robinhood sent an email to customers in the afternoon of Jan. 28 saying it would allow "limited buys" of those company stock starting the next day. The limits included a maximum number of shares users could own (at one point it was down to one GameStop share), no trading options, no ...
StockBros ResearchMon, Jan. 1320 Comments GameStop: Why It's Hard To Bet Against Them (In The Short Term)Alexander VelasquezSun, Jan. 1210 Comments Investors Looking To Global PMIs As New Year BeginsWall Street Week AheadSat, Dec. 28, 2024 GameStop Deserves To Fall More, Even After ...
A trading lockout on GameStop stock by a number of investing apps led to the saga’s weirdest day yet: class action lawsuits, calls for hearings on Capitol Hill, and the suggestion that Treasury Secretary Janet Yellen might need to recuse herself from ov