How much did GameStop stock go up at its highest?
The all-time high GameStop stock closing price was 347.51 on January 27, 2021. The GameStop 52-week high stock price is 255.69, which is 98.2% above the current share price.
How much did GameStop stock go up in January?
Stocks of video game retailer GameStop exploded in January 2021, effectively doubling in value on a daily basis. At the close of trading on January 27, GameStop Corporation's stock price reaching 347.51 U.S. dollars per share - or +134 percent compared to the day before.
How much did GameStop rise?
Rise in stock price and volume The stock price increased 1,500 percent by January 27 over the course of two weeks, and its high volatility caused trading to be halted multiple times.
What made GameStop stock go so high?
Melvin Capital and Citron were two of the funds caught in the squeeze, forcing them to buy more GameStop stock to cover their losses, which ended up driving the stock price even higher.
How much will $1000 be worth in 20 years?
After 10 years of adding the inflation-adjusted $1,000 a year, our hypothetical investor would have accumulated $16,187. Not enough to knock anybody's socks off. But after 20 years of this, the account would be worth $118,874.
What to invest $1000 in right now?
7 Best Ways to Invest $1,000Start (or add to) a savings account. ... Invest in a 401(k) ... Invest in an IRA. ... Open a taxable brokerage account. ... Invest in ETFs. ... Use a robo-advisor. ... Invest in stocks. ... 13 Steps to Investing Foolishly.
Is GameStop stock worth buying?
Gamestop (GME) stock is likely to decline after the current overheated rally. The stock can still be profitable in the long term if revenue growth stays consistent. But investors should avoid buying GME stock due to the high short-term risk.
What was the price of GameStop stock on Jan 25 2021?
96.73GME - GameStop Corp.DateOpenClose*Jan 25, 202196.7376.79Jan 22, 202142.5965.01Jan 21, 202139.2343.03Jan 20, 202137.3739.1259 more rows
How much did Melvin capital lose on GameStop?
Melvin had been betting against GameStop since 2014. It profited as the shift toward downloaded and streaming videogames caused the bricks-and-mortar retailer's stock to drop. The gaming industry had its best year in 2020, but GameStop lost $215.3 million, following a larger loss the prior year.
How fast did GameStop squeeze?
GameStop is an American video game and gaming merchandise retailer, the shares of which closed at under $20 per share on January 12, 2021. In around 10 trading days, a series of short squeezes occurred making the stock price jump over 15 times, eventually resulting in a stock price as high as $500.
How fast did GameStop stock rise?
Jan 13, 2021: Stock surges more than 50% Some retail traders jumped on GameStop's announcement, and in just a few days the stock closed at $31.40 a share on Jan. 13 -- a spike of more than 50% since the Jan. 11 announcement.
Is GameStop profitable?
GameStop annual revenue for 2021 was $5.09B, a 21.28% decline from 2020. GameStop annual revenue for 2020 was $6.466B, a 21.96% decline from 2019....Compare GME With Other Stocks.GameStop Annual Revenue (Millions of US $)2022$6,0112021$5,0902020$6,4662019$8,28510 more rows