GameStop (GME) stock is falling on Thursday after the company fired its CEO alongside the release of its Q1 earnings report!
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GameStop (GME) is one of the Reddit-fueled meme stocks that has skyrocketed in 2021. Despite a significant drop after June 9, it's still up 964 percent YTD. The stock gained 8 percent in the pre-market trading session on June 22. Why is GME stock rising and how high can it go?Rya...
Sharp losses for short sellers may have pushed them to sell some of their other stock holdings to raise cash, and several investors say that contributed to Wednesday’s 2.6% slide for the S&P 500. It was the worst day for the market since October. ___ DID ANYONE SEE THIS COMING?
shares of that stock, sell them, then buy them back when the share price falls and earn a profit from the difference. However, a lot can go wrong with this strategy. If the stock price doesn't fall the way the short sellers anticipated, they can lose money, as happened with GameS...
Ray Dalio’s Hedge Fund Throws in the Towel on GME Stock As you may be aware, Ray Dalio, a famous billionaire, founded a hedge fund known asBridgewater Associates. Notably, that firm ended 2022 with$712,000worth of GameStop shares. ...
hasn’t been that meaningful relative to other stocks in the market. It appears GameStop is seeing much more stable price action in large part due to a lack of ammunition from retail investors, many of whom may not have the funds to play in the meme stock world as they once did. ...
GameStop, the videogame retailer that became famous as an investment in the height of the Covid-19 pandemic, is making another run after earlier this week.Continue reading this article with a Barron’s subscription SUBSCRIBE NOWFinancial Planning Selling a Family Business Is Tough. Here Are Some...
The stock for video game retailer GameStop closed up 74% on Monday, harkening back to the buying frenzy in January 2021 fueled by traders on Reddit. Martin Baccardax, senior editor and chief markets correspondent for TheStreet, joins CBS News to examine what could be behind the stock's ...
Nintendo’s new console helped save GameStop’s quarter, but the stock is falling on continued problems elsewhere in the retailer’s business.