Tag: GME
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GameStop Corp. soared in January as short sellers were squeezed by a legion of buyers from Reddit’s Wallstreetbets. The shorts had to buy in order to close out their positions and stanch the bleeding, driving the stock even higher. It seems they’ve learned their lesson. Short selling of GameStop shares…
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Call options covering four million shares in GameStop Corp. expired on Friday, and the stock dropped right on cue: A call option gives you the right to buy a stock at X price. For the market maker to be able to sell you that option without risking going broke, they…
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+ Business+ Day trading, Gamestop, GME, Investing, Investment, Meme stocks, Reddit, Stock Market, Stocks, Wallstreetbets+
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GameStop shares have been on a wild ride in recent days, mostly upward: Much of this is driven by a new turnaround plan by GameStop board member and Chewy founder Ryan Cohen, who aims to turn GameStop into an online-first retailer. But if this is such a game changer for…
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GameStop shares are surging again today, even as the company is losing hundreds of millions of dollars a year. The stock is reacting to Chewy founder Ryan Cohen beginning a push to transform GameStop into an e-commerce business. But it still has 5,000 stores that were losing a fortune even…
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GameStop Corp. shares are surging today and are currently up over 30%: Chewy co-founder and GameStop board member Ryan Cohen is taking a bigger role, which is driving today’s gains: GameStop Corp. shares extended their rally after the company tapped Chewy.com founder Ryan Cohen to guide its transition to an…
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+ Business+ Gamestop, GME, Investing, Meme stocks, Reddit, Retail, Robinhood, Stock Market, Stocks, Wallstreetbets+
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Tremendous 