also known as “Roaring Kitty.” GME stock is up more than 60% this year, significantly outperforming the S&P 500(SPY). Gill was instrumental in introducing the GameStop investment thesis
The plan to turn GameStop into a holding company could be a huge success or a major failure. In fact, one of the reasons why Roaring Kitty made it clear he was buying GME stock again last year was because the investment thesis was a bet on Ryan Cohen and his management team. One cou...
an X account associated with Gill returned from a nearly 3-year hiatus bypostingan image of a man sitting up in his chair. The post set off a 180% spike in the stock price over the ensuing days, before shares plummeted to a level near where they stood before the surge....
At the moment the GME shorts are not completely covered because over the past year, the stock has been falling, which is exactly what a short seller wants. In January of 2021 at the original GME short squeeze, all of the investors who held short positions against GameStop stock covered the...
Jeff Bakalar talks to CBS News Business Analyst Jill Schlesinger about GameStop's wild stock ride and how a subreddit helped kick off its meteoric rise in the face of the financial institutions that had been shorting it.up next Everything Announced at Nvidia's 2025 Computex Press Conference...
RELATED: US economy shrank 3.5% in last year after growing 4% last quarterSudden surge in sharesAfter the Reddit user then suggested a short squeeze, smaller investors exhorted each other online to keep GameStop's stock rolling higher as short-sellers were betting against it....
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Or did they? What goes up must come down, as the old saying goes. And the same was true for GameStop. Over the following week, the stock plummeted, trading at a little over $50 per share just a week after reaching that all-time stratospheric high. Part of the speedy decline can be...
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Now in year four of the movement, new meme stocks are being created all the time as individual investors look for new ways to beat the stock market. Here are five to do some more digging on (beyond arguably the two most famous meme stocks — video game retailer GameStop (GME -1.94%)...