Full Answer
Why is GME still up?
Mar 28, 2022 · Much of the momentum GameStop saw last year was tied to a rather incredible short squeeze. Retail investors piled into GME stock, driving short covering, which resulted in a massive spike. Many of...
Is GME stock overvalued?
1 day ago · On March 31, GME announced its plans for a stock split, calling “for an increase in the number of authorized shares of Class A common stock from 300,000,000 to 1,000,000,000.” It’s a more complex...
Is GME stock worth buying?
Mar 23, 2022 · Shares of the troubled video game retailer are moving higher on news of insider buying 1h ago · By Joel Baglole GameStop (NYSE: GME) stock is up more than 7% today after investors learned that...
What happened to GME stock?
1 day ago · What happened. Shares of GameStop ( GME 0.73%) are bouncing around this morning, rising as much as 3.6% in early trading, falling back to about breakeven, and up again almost 1% as of 11:26 a.m ...
Who is Ryan Cohen?
The company announced earlier this month that Ryan Cohen, founder of online pet supply store Chewy, is now on GameStop's board along with two other former Chewy executives. Cohen's RC Ventures is one of the largest investors in GameStop.
Does GameStop sell games?
Despite its name, the retailer doesn't sell only games. GameStop is also popular with fans of pop culture collectibles, such as Star Wars toys and Funko ( FNKO) figurines, which help attract shoppers who aren't hardcore gamers to visit the brick and mortar shops.
