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The stock had been flat year to date ahead of Monday's rally but had risen about 60% in the past month. GameStop stock is now up over 180% over the last month, not including Tuesday's gains.
Last month, GameStop sold 45 million shares, bringing in about $930 million in proceeds. The announcements came on the heels of the stock's 47% surge in the prior session after "Roaring Kitty ...
Earlier this week, the same user revealed they'd paid $175 million for a position in GameStop at that time valued closer to $210 million. Shares surged following that disclosure too. Friday's ...
On February 24, the GameStop stock price doubled within a 90-minute period, and then averaged in the neighborhood of $200 per share for another month. On March 24, the GameStop stock price fell 34 percent to $120.34 per share after earnings were released and the company announced plans for issuing a new secondary stock offering.
Monday's surge comes after GameStop rallied 180% over a span of two days back in mid-May after "Roaring Kitty" posted for the first time on X, formerly known as Twitter, since 2021. Last month's ...
Short interest on GameStop sits at around 24% of the float, according to S3 Partners data. "Including today's losses, GME shorts are now down -$1.34 billion in May month-to-date losses, and now ...
GameStop stock surged 25% on Tuesday after the video game retailer said it raised almost $1 billion from its latest equity offering.The stock action reflects investor exuberance when it comes to ...
The stock has since lost 70% of its value up to Friday's close, taking GameStop's market value to $5.82 billion. Earlier this month, GameStop said it expected its first-quarter net sales to drop ...