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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.
GameStop raised almost $2.14 billion as it capitalized on the recent stock rallies spurred by the online reemergence of influential retail trader Keith Gill.The video game retailer said on Tuesday ...
GameStop last month hit a three-year low of $9.95. Recently, the stock has started to move higher, which may have rekindled Gill’s interest, along with the enormous amount of short interest in ...
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 ...
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 ...
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 ( GME) 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 ...