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Topic

GameStop shares

GameStop shares climb on strong volume

GameStop shares climb on strong volume

Published 29 Nov, 2023 04:50pm
Shares of retail traders’ darling GameStop jumped 12.5% in strong premarket trading volume on Wednesday, looking to...
GameStop plans $1bn stock sale, shares slide

GameStop plans $1bn stock sale, shares slide

Published 05 Apr, 2021 05:26pm
  • The company said it would sell up to 3.5 million shares and use the proceeds to speed up the shift in its business model to e-commerce in an overhaul being led by top shareholder and board member Ryan Cohen.
  • GameStop's stock has gained more than 900% so far this year, giving the company a valuation of as much as $34 billion at one point as retail traders bet against Wall Street hedge funds that had shorted its shares.
GameStop hires Amazon executive as chief growth officer in e-commerce shift

GameStop hires Amazon executive as chief growth officer in e-commerce shift

Published 30 Mar, 2021 07:14pm
  • The company's shares, which were at the heart of a Reddit-driven retail trading frenzy early this year, rose nearly 5% in pre-market trading.
  • Signaling a broader overhaul, at least two executives have departed since - Chief Customer Officer Frank Hamlin and Chief Financial Officer Jim Bell.
GameStop, other ‘meme stocks’ soar as markets eye stimulus boost

GameStop, other ‘meme stocks’ soar as markets eye stimulus boost

Published 10 Mar, 2021 08:09pm
  • GameStop was trading 14.5% higher at $282.73 before the bell, on course for a sixth straight session of gains, while shares of cinema operator AMC Entertainment rose 10% and headphones maker Koss Corp soared about 40%.
  • GameStop retains a legion of devout followers after a social media frenzy in January triggered a massive rally in which its shares surged more than 1,600%.
GameStop situation unlikely in France, says market regulator

GameStop situation unlikely in France, says market regulator

Published 12 Feb, 2021 06:23pm
  • "It is improbable in France and Europe, but it is a situation to which we have to pay close attention," AMF head Robert Ophele told Boursorama TV.
  • Investors who followed popular Reddit forum WallStreetBets helped push GameStop shares to a closing high of $347.51 on Jan. 27.
GameStop shares jump 11pc as Reddit trading mania calms

GameStop shares jump 11pc as Reddit trading mania calms

Published 08 Feb, 2021 06:58pm
  • The rally, which catapulted GameStop shares to as high as $483 from around $20 before they fell back to about $64.
  • In pre-market trading on Monday, GameStop shares were up 10.8% following a 20% jump on Friday. AMC shares.
GameStop shares halt slide after Robinhood lifts trading curbs

GameStop shares halt slide after Robinhood lifts trading curbs

Published 06 Feb, 2021 10:27am
  • The videogame retailer, the initial trigger for the market slugfest after gaining popularity on social media platform Reddit’s WallStreetBets, closed up 19.20% at $63.77 after hitting a session high of $95, although the wild gyrations seen in the past two weeks appeared to be easing.
Number of GameStop shares shorted falls by over half in week

Number of GameStop shares shorted falls by over half in week

Published 01 Feb, 2021 09:35pm
  • GameStop had 27.13 million shares shorted, down 35 million over the prior week, according to Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners.
  • Still, GameStop short interest stood at $8.82 billion as of Friday, making it the sixth-biggest short by value, according to S3.
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