A "meme stock" is a stock that has gone "viral", meaning that people have bought the stock due to the influence of Twitter, Reddit or other social media. A great example of a "meme stock" was Gamestop (GME) which had a massive spike in 2021. The stock was the talk of the invest...
Just a day after the tweet from Musk, the stock rose to new heights once again. The price of GME more than doubled to $347.51 on Jan. 27. Then on Jan. 28, the stock reached a high of $483, before dropping to close the day at $193.60.4 Note Short selling is when an investor—...
A few days later, the former CEO of Chewy.com and investor Ryan Cohen purchased an unknown amount of GME stock, which Gill acknowledged on Twitter (now X).2In November 2020, it became public knowledge Cohen owned a 10% share in the company.3On Jan. 12, he joined the board and the ...
Defense sector outlook remains strong as geopolitical conflict worsens. Wayne DugganNov. 4, 2024 Stock Market Crash Risk Factors Stocks have soared in 2024, but with more potential rate cuts and a divisive presidential election on the docket, investors could be in for a surprise. ...
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Could GME stock be primed for a company-triggered short squeeze? Some think a master plan is afoot. Source: Northfoto / Shutterstock.com There are a few nuggets one must consider for context around this proposed short squeeze plan. First, one must know that GameStop sought out a blockchain...
In some cases, as can be seen from the history of meme stocks, it can even be a punitive attempt to “squeeze” professional investors who have sold the stock short to cover their positions. History of meme stocks The first widely acknowledged meme stock was GameStop Corp. (NYSE:GME)....
What Does the GME Stock Split Mean for Investors? Very simply, a stock split can be thought of as making more slices of a pizza. If a company’s market capitalization (what it’s worth) is a pie, slicing the pie into smaller pieces means investors will own more shares (or pieces of...
GME Stock USD 21.22 0.19 0.89% GameStop Corp momentum indicators tool provides the execution environment for running the Balance Of Power indicator and other technical functions against GameStop Corp. GameStop Corp value trend is the prevailing direction of the price over some defined period of ...
GameStop (GME) stock has ranged between $12.14 and $483 in the past 52 weeks. Shares closed at $196.21 Tuesday, down 2.87%. The stock is up 941% so far in 2021. That’s stunning volatility powered by a Reddit movement, speculation, and people trading the stock witho...