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GameStop shares rose as much as 110% in the prior session following the reemergence of Keith Gill, also known as "Roaring Kitty," whose bull case on GameStop ignited the meme stock rally back in 2021.
Shares currently trade at $23, down 52% from the intraday high hit on June 6. Cohen has used the renewed trader appetite to bolster GameStop's cash coffers, much to the delight of his many ...
The account also showed a position of 120,000 call options in GameStop with a strike price of $20 that expire on June 21st that were purchased for about $5.68 each. GameStop shares closed Friday ...
In January 2021, a short squeeze of the stock of the American video game retailer GameStop and other securities took place, causing major financial consequences for certain hedge funds and large losses for short sellers. Approximately 140 percent of GameStop's public float had been sold short, and the rush to buy shares to cover those positions ...
The screenshot showed holdings of 5 million GameStop shares purchased at an average price of $21.274, a position worth $115.7 million as of Friday's closing price of $23.14.
Texas-based GameStop's planned sale of 75 million shares of common stock raised more than $2 billion in gross proceeds, the video game retailer said on Tuesday.
A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 29, 2022.
Shares are still well below their 2021 peaks, when the price reached as high as $483, but they were approaching 52-week highs a few minutes after trading opened. Year to date, GameStop shares are ...