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What happened with gamestop stock?

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1.What happened with gamestop stock?

What happened to GameStop GameStop sells video game hardware and software at brick-and-mortar stores. Its fortunes have declined as more of that business is conducted through e-commerce. It has…

2.What happened with gamestop stock?

GameStop is one of the most shorted stocks on Wall Street. But its stock began rising sharply earlier this month after a co-founder of Chewy, the online seller of pet supplies, joined the company’s…

3.What happened with gamestop stock?

What happened with GameStop stocks Individual investors, buoyed by comments in the r/WallStreetBets Reddit community, began driving up the price GameStop on Jan. 11, when changes to the company’s…

4.What happened with gamestop stock?

GameStop’s roller-coaster ride on the stock market has prompted government investigations. Getty Images GameStop’s stock price shot through the roof in late January thanks to traders on Reddit.

5.What happened with gamestop stock?

Finally, GameStop mania is putting downward pressure on the entire stock market right now: As hedge funds see their shorts backfire en masse, they’ve started selling off shares of companies with…

6.What happened with gamestop stock?

Like many companies that are in rough shape, GameStop was the subject of what’s called short selling, in which professional investors borrow shares of stock to sell and then buy back later so they…

7.What happened with gamestop stock?

It’s what happened with GameStop’s stock. When a stock is very heavily shorted, a rise in its price can force short sellers to get out of their bets. To do that, they have to buy the stock, which…

8.What happened with gamestop stock?

The GameStop saga can be looked at as a David vs. Goliath story. David being amateur everyday investors, where Goliath is the hedge funds. Hedge funds have been shorting GameStop stock for some …

9.What happened with gamestop stock?

GameStop, a company largely made of brick-and-mortar stores, has been in dire straits thanks to the pandemic and general trouble in the retail world. A bunch of hedge-fund guys, because of how the…

10.What happened with gamestop stock?

GameStop was languishing below $5 a share as recently as September, but it began to rally after Ryan Cohen, the entrepreneur founder of Chewy.com, took a stake, saying the struggling mall retailer…

News results

1.Billionaire Donald Foss Was One Of GameStop’s Biggest Shareholders But Cashed Out Before January Stock Surge, New Filing Shows

Donald Foss, a subprime-lending billionaire and previously one of GameStop’s biggest shareholders, sold off his entire stake in the company by the end of last year, a Friday regulatory filing shows–cashing in on massive gains but largely missing the peak price mania that happened just a couple weeks ago.

Published Date: 2021-02-13T19:59:00.0000000Z

1  What happened with the GameStop stock
What happened with the GameStop stock
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1.GameStop short squeeze

In January 2021, a short squeeze of the stock of the American video game retailer GameStop (NYSE: GME) and other securities took place, causing major financial…

2.Short squeeze

GameStop’s Soaring Stock Turns Ugly". Wired. Archived from the original on 24 January 2021. Retrieved 25 January 2021. "NYSE GAMESTOP CORPORATION GME"….

3.Mark Cuban

organized group of Reddit users named "WallStreetBets" that noticed GameStop stock was heavily shorted by Wall Street hedge firms and launched an ensuing…

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