Why did the price of GameStop stocks jump so suddenly?
Apr 11, 2022 · GameStop seeks to split stock for the first time since 2007, shares jump more than 15% in after-hours trading - MarketWatch. marketwatch.com - March 31 at 5:19 PM. GameStop stock soars after hours amid stock split announcement. finance.yahoo.com - March 31 at 5:19 PM. GameStop (NYSE:GME) Shares Gap Down to $166.85.
Why did GameStop skyrocket?
Why GameStop Is Falling Today. Shares of GameStop (NYSE: GME) are tumbling 8.2% at 12:50 p.m. Thursday afternoon on no news specific to the …
When did the GameStop stock thing start?
Mar 23, 2022 · GameStop (NYSE: GME) stock is up more than 7% today after investors learned that company chairman Ryan Cohen bought an additional 100,000 shares of the video game retailer. This takes his stake in...
How much did GME rise?
WallStreetBets learned of the large short positions that major firms held in GameStop, and they rallied followers to push up the stock price through buying shares. As the group continued to push this point, followers bought, bought, and bought some more.
Millennials will power a bull market in stocks for decades: Ark Invest's Cathie Wood
5 Ultra-Popular Stocks to Avoid Like the Plague in September
Ark Invest's founder Cathie Wood tells Yahoo Finance Live that millennials will help power a bull market in stocks for years to come.
GameStop (GME) to Post Q2 Earnings: What Awaits the Stock?
As I stated last month, movie theater chain AMC Entertainment (NYSE: AMC) will be the top stock to avoid until its share price accurately reflects the ghastly performance of its underlying business and its ugly balance sheet. There pretty much isn't a fundamental factor working in AMC's favor at the moment.
3 Stocks to Avoid This Week
GameStop's (GME) second-quarter fiscal 2021 performance is likely to reflect growth in e-commerce sales, backed by prudent transformation efforts.
Will Corsair Gaming Be the Next GameStop?
In last week's article on three stocks to avoid, I predicted that Chewy (NYSE: CHWY), Carnival (NYSE: CCL), and Robinhood Markets (NASDAQ: HOOD) would have a rough few days. Chewy stock went to the dogs after a disappointing quarterly report.
Weekly Earnings Preview: GameStop, Lululemon Athletica, Oracle and Kroger in Focus
Retail investors are taking an interest in this gaming hardware stock, and trading volume recently surged.
This Cheap Stock Could Make You Forget About AMC and GameStop
Following is a list of company earnings scheduled for release Sept 6-10, along with earnings previews for select companies. Next week’s earnings are of much significance for major market movements as Q2 is believed to be a quarter of significant recovery, with growth accelerating and the outlook for the coming periods gradually improving.
What is a citron?
Offering a mix of value and growth, this popular retailer belongs on every investor's watch list.
Is Robinhood trading restricted?
Citron is best known for its “short reports”, which demonstrate through research and analysis that specific companies are likely to lose value . The firm bet against those companies by short-selling shares, and many large investors like hedge fund Melvin Capital followed Citron’s lead.
The stock is acting like it is January 2021 all over again
The volume of trades exhausted Robinhood’s resources, and trading had to be restricted to stay in compliance with regulatory requirements. However, it appears that the damage is done, and many detractors have sworn off Robinhood in favor of alternative platforms.
What happened
Howard grew up in Philadelphia watching the Philly sports teams struggle for championships. He has been investing since 1989 and been a Fool since 2001. Prior to joining The Fool as a contract writer in 2019, Howard worked in the steel business as an engineer for 28 years.
So what
Shares of GameStop ( NYSE:GME) have been relatively calm over the past month. Entering the trading day today, shares were up about 6.5% over the last 30 days. And volatility had also been decreasing, with its 30-day average daily volume dropping 60% in that time.
Now what
This afternoon's spike happened in concert with other former meme stocks including AMC Entertainment ( NYSE:AMC) and Koss ( NASDAQ:KOSS), both of which also spiked double digits. There isn't company-specific news on these names today.
When did Chrysler go bankrupt?
GameStop sill had almost 12 million shares sold short as of the end of April; that represents about 18% of outstanding shares. Another concerted effort on the part of the online retail trading crowd could conceivably create another short squeeze similar to January's, but it wouldn't have nearly the staying power.
What happens when you short a stock?
Many automakers were viewed as bankruptcy risks, and in fact, Chrysler filed bankruptcy in April 2009 and General Motors ( GM) followed a month later.
