GameStop is not currently in a short squeeze. In fact, the stock is mostly in decline along with the downward selling pressure from the broader markets. GameStop stock is down by more than 41% in 2022, and is down by more than 45% over the past 52-weeks. The stock has fallen from ...
But there will be no buyout. GameStop announced on Tuesday that it has concluded its efforts to sell the company. It blamed a lack of available financing on acceptable terms to a prospective acquirer for its failure to secure a deal. The company's strategic review did lead to a transaction...
Based in Salt Lake City, Simply Mac was founded in 2006. It provided Apple device repairs for consumers and sold accessories such as cases, cables, and chargers. Gamestop acquired the company in 2013 to bring Simply Mac to areas that didn't have official Apple Stores as a Premier Partner....
They did it because, as various columnists have pointed out, these were nerds who congregated on Reddit; they liked GameStop, they had warm feelings towards it, and they didn’t like the idea of these rich Wall Street chads making a tidy profit by bankrupting something they cared about. ...
Although many did not notice it, we had a prelude to this set of dynamics in the GameStop scandal, when micro-investors with applications to play on the stock market began to change big trends. The financial aristocracy swiftly used the flexibility of law to outsmart the plebes and took the...
In 15 days, I want to know I did everything I could to get my fellow Americans to use their power in this all important election," shewriteson Instagram, adding, "Spend some time talking to the people you know about why you vote and what you vote for. It can be joyful...
Peter Schiff made argument that because government locked down part of the economy that Fed should have ran a tighter policy than looser policy. If you are producing 5% fewer goods, why should you throw 10% more money at them. The way the Fed did it we know wage earners and savers g...