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GameStop short squeeze. In January 2021, a short squeeze of the stock of the American video game retailer GameStop and other securities took place, causing major financial consequences for certain hedge funds and large losses for short sellers. Approximately 140 percent of GameStop's public float had been sold short, and the rush to buy shares ...
r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and option trading. It has become notable for its colorful and profane jargon, aggressive trading strategies, and for playing a major role in the GameStop short squeeze that caused losses for some US firms and short sellers in a few days in early 2021.
However, Trade Alert data showed the number of open contracts in GameStop soared to 145,000 by the end of May, from just about 15,000 on May 19. Figuring an average trading price of $5.52 during ...
GameStop TV is the in-store television network run internally by GameStop, with non-endemic sales in partnership with Playwire Media. GameStop TV features programming targeted to consumers shopping in GameStop stores. Each month brings content segments about upcoming video game releases, exclusive developer interviews, and product demonstrations.
GameStop was the most talked about stock on Reddit’s WallStreetBets by far on Monday, with more than 600 mentions in the last 24 hours, surpassing the popular chipmaker Nvidia, according to ...
The move sets up Reddit to become a meme stock — a term coined in reference to the wild GameStop short squeeze of 2021, which was driven by a group of Reddit users on its community r ...
GameStop stock rose by over 1,700 percent during one rally in January as small investors pushed it to a record high of $483. That share price has dropped back down to around $45.
As if multiple documentaries, podcasts and books weren't enough to tell the tale of last year's GameStop stock squeeze, a feature film about the saga is in the works. Seth Rogen (aka Donkey Kong ...