GameStop Financial News

15.05 / 13:01

UPS GameStop Trade show social Videos GameStop, AMC decline as meme stock rally fizzles after just two days

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15.05 / 10:53

UPS Target Entertainment GameStop Reddit Trade roaring kitty Is Roaring Kitty the internet’s Warren Buffett?

The question everybody on Wall Street is asking this week: How is GameStop suddenly a big thing again? However, the more interesting question might be: Why was it still kind of a thing last week? On Tuesday, shares in videogame retailer GameStop rose 60% to $49 a piece, having already gained 74% Monday. Those of AMC Entertainment were up 135% on the week at Tuesday’s close. This new rally was triggered by X user “Roaring Kitty," who had been inactive for almost two years before posting a drawing of a man leaning forward on a chair.

15.05 / 03:09

markets UPS Action GameStop Trade Top crypto GME Top Crypto Gainers Today on DEXScreener – RWIF, DUMB, GME

Trading conditions were broadly bearish on Tuesday as traders focused on a hotter-than-expected US PPI report and commentary from Fed Chair Jerome Powell, with traders having to turn to the on-chain meme coin markets in the hunt for top crypto gainers today.

14.05 / 17:41

markets UPS Platform GameStop Reddit Trade social Explainer: Why are meme stocks on Wall Street rallying again?

ALSO READ: US stocks gain after producer prices data, Jerome Powell’s comments With colorful YouTube streams and Reddit posts, Gill made the bull case for GameStop in 2021, helping attract a flood of retail cash into the company. In Gill's 2021 testimony to Congress, he denied the notion that he used social media to profit by promoting GameStop to unwitting investors. Videogame retailer GameStop has rallied more than 139% since Friday close through Tuesday afternoon, set to add more than $9 billion to its market value.

14.05 / 15:01

UPS Man Entertainment GameStop Trade show AMC completes $250 million stock sale during meme rally, shares jump 90%

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14.05 / 03:06

markets UPS Platform GameStop Trade social Videos roaring kitty GameStop Shares Surge After 'Roaring Kitty' Reemerges

GameStop's share price skyrocketed Monday after the man who became the face of "meme stock" mania in 2021 with his enthusiastic promotion of the struggling video game retailer emerged from a three-year hiatus. On Sunday evening, Keith Gill, the trader known on some social media platforms as Roaring Kitty, posted an illustration of a person holding a video game controller while leaning forward on a chair on the social media platform X. On no other news, GameStop's stock more than doubled in early trading, prompting several temporary volatility-related halts by the New York Stock Exchange. The shares were up about 74% at the close, adding billions in market value in a matter of hours.

14.05 / 02:49

markets security GameStop Research trends Trade recommendations Nifty 50, Sensex today: What to expect from Indian stock market in trade on May 14

Sensex gained 111.66 points, or 0.15%, to close at 72,776.13, while the Nifty 50 settled 48.85 points, or 0.22%, higher at 22,104.05. Nifty 50 formed a ‘Bullish Hammer’ candlestick pattern on the daily chart, which indicates short term bullish trend reversal. Also Read: Indian stock market: 7 key things that changed for market overnight - Gift Nifty, India inflation to GameStop rally “Hence, a move above Monday high could lead to positivity in the near term.

14.05 / 02:49

markets DOW GameStop Nikkei Trade Koss recommendations Indian stock market: 7 key things that changed for market overnight - Gift Nifty, India inflation to GameStop rally

Sensex gained 111.66 points, or 0.15%, to close at 72,776.13, while the Nifty 50 settled 48.85 points, or 0.22%, higher at 22,104.05. “The positive takeaway was that Nifty ended above the psychological 22,100 mark, aided by sluggish WTI oil prices and investors reinforcing bets for Federal Reserve’s September interest rate cuts. While mixed global cues hardly enthused local investors, concerns over strong FII selling in the month so far along with caution in the poll season kept the upside limited with investors also trading with caution ahead of the inflation announcement," said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.

14.05 / 01:03

UPS Man Platform GameStop pandemic social Videos roaring kitty Roaring Kitty is back and so are meme stocks. GameStop and AMC surge like it's 2021

The man at the center of the pandemic meme stock craze returned to the social platform X for the first time in three years and sent prices of those stocks surging overnight

14.05 / 01:03

markets COST UPS GameStop Trade show GameStop surge leaves short sellers with a $1.4B burn

Skeptics betting against video-game retailer GameStop Corp. are facing a more than $1 billion loss after the company’s share price roughly tripled this month.

14.05 / 00:15

markets ETF JPMorgan GameStop wellness Bitcoin reports Cryptocurrency Market News: JPMorgan, Wells Fargo Report Holding Spot Bitcoin ETFs

The latest week was highlighted by positive public sentiment for bitcoin. Wells Fargo (WFC) and JPMorgan Chase (JPM) both reported holdings in spot bitcoin exchange-traded funds, and Twitter co-founder and former CEO Jack Dorsey forecast that bitcoin's price could climb to $1 million by 2030. Meanwhile, crypto analysts are tracking meme coins this week, as the return of famed GameStop retail trader «RoaringKitty» to social media led to a surge in prices over the weekend.

13.05 / 15:33

FIVE Williams Extreme GameStop Trade President diving GameStop rises 71% on ‘Roaring Kitty’ return, surges 87% in five days

Wall Street today: US stocks rise as investors eye inflation data “That he is able to generate a crowd says that the crowd is back to feeling FOMO and YOLO in an enormous way. When people dive into things that are of pure speculative value, their confidence is extremely high and this is one of the ways that it manifests," Peter Atwater, president of Financial Insyghts and an adjunct professor at William & Mary and the University of Delaware, was quoted as saying by Bloomberg. GameStop surged in a three-week rally leading up to Monday's spike, marking its longest winning streak of the year, with shares climbing 68% during that period.

13.05 / 14:43

markets Platform GameStop Reddit Trade XCOM social GameStop stock soars after ‘Roaring Kitty’ who drove meme frenzy resurfaces

Shares of videogame retailer GameStop jumped more than 50 per cent in early trading on Monday after “Roaring Kitty,” a former marketer at an insurance firm credited with sparking the 2021 meme stock rally, returned to X.com after a three-year hiatus from social media.

13.05 / 14:27

markets Platform GameStop Reddit trends XCOM social roaring kitty GameStop soars over 50% after flag bearer 'Roaring Kitty' resurfaces with X post

GameStop jumped 50% on Monday after "Roaring Kitty", a former marketer at an insurance firm credited with sparking the 2021 meme stock rally, returned to X.com after a three-year hiatus from social media. Keith Gill, known as "Roaring Kitty" on YouTube and «DeepF***ingValue» on Reddit, was a key figure in the so-called Reddit rally, which saw shares of GameStop surge as much as 21-fold over two weeks in January 2021 before crashing to pre-surge levels in the subsequent days.

13.05 / 12:49

UPS Target Platform GameStop Reddit Trade Videos roaring kitty GameStop shares jump 30% as trader 'Roaring Kitty' who drove meme craze posts again

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02.04 / 09:39

markets UPS GameStop Trade President social reports Trump Media stock falls more than 21% after company discloses $58 million loss for 2023

Less than a week after a flashy stock market debut, Donald Trump’s social media company has disclosed that it lost nearly $58.2 million last year, sending its stock tumbling more than 21%

28.03 / 18:37

markets FIVE GameStop Reddit Trade President social Trump Media, Reddit surge despite questionable profit prospects, taking on the 'meme stock' mantle

Reddit and Trump Media are the first notable social media companies to begin trading publicly in the last five years

27.03 / 18:27

UPS Merck GameStop Trade Cintas reports Merck, Cintas rise; GameStop falls, Wednesday, 3/27/2024

Stocks that are trading heavily or have substantial price changes on Wednesday: Merck, Cintas rise; GameStop falls

27.03 / 15:39

COST Art GameStop Sony electronic reports Videos GameStop shares fall over 14% as video game retailer faces competition, weak spending

shares fell more than 14% on Wednesday, as the brick-and-mortar video game retailer reported a decline in fourth-quarter revenue on the back of a spending slowdown and rising competition from e-commerce firms. The Grapevine, Texas-based company also said late on Tuesday that it had cut an unspecified number of jobs, joining Japan's Sony and Electronic Arts in a bid to reduce costs as economic uncertainty hits discretionary spending.

11.03 / 20:23

markets Mobile Sustainability GameStop Trade social innovations The Rise and Risks of India's Derivatives Market: A Call for Stronger Regulation

Quiver Quantitative — The recent surge in stock speculation in India, highlighted by an unprecedented volume of equity options contracts traded, is drawing global attention for its sheer scale and potential implications. In 2023, India astonishingly accounted for 78% of the global equity options market, with the National Stock Exchange witnessing a 153% increase in stock index options traded, reaching 84.3 billion contracts.

15.01 / 10:29

NFT GameStop 2024 Game Over for NFTs? Will the Market Recover in 2024

Non-fungible tokens, or NFTs, have faded into the background with all the chatter and excitement around a spot Bitcoin exchange-traded fund being approved in the US market.

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