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GameStop short squeeze. 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 ...
GameStop was the most talked about stock on Reddit’s WallStreetBets by far on Monday, with more than 600 mentions in the last 24 hours, surpassing the popular chipmaker Nvidia, according to ...
June 3, 2024 at 4:07 PM. GameStop ( GME) stock surged 21% on Monday after user "DeepF***ingValue, an account believed to be tied to individual investor Keith Gill — who ignited the meme stock ...
r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and option trading. It has become notable for its colorful and profane jargon, aggressive trading strategies, and for playing a major role in the GameStop short squeeze that caused losses for some US firms and short sellers in a few days in early 2021.
Shares of GameStop climbed 21% on Monday as the renewed frenzy around meme stocks shows little sign of abating.. The video game retailer’s stock soared hours after a Reddit post by stocks ...
NEW YORK (Reuters) - "Roaring Kitty" Keith Gill, the stock influencer behind the 2021 meme stock frenzy, may be sitting on a paper profit of tens of millions of dollars on his position in GameStop ...
GameStop stock rocketed higher after a YouTube account believed to be tied to investor Keith Gill, also known as "Roaring Kitty" on social media, posted a livestream scheduled for Friday at noon ET.
The GameStop short squeeze, starting in January 2021, was a short squeeze occurring on shares of GameStop, [18] [19] primarily triggered by the Reddit forum WallStreetBets. [ 20 ] [ 21 ] This squeeze led to the share price reaching an all-time intraday high of US$483 on January 28, 2021 on the NYSE .
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