The climb one day after the video-game retailer scored a 57.4% gain and closed at its highest point since August 2016.
GameStop's rally is likely to force many of the remaining short-sellers to close their positions, Ihor Dusaniwsky of S3 Partners said.
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope ...
NEW YORK, Feb 2 (Reuters) - The sharp slide in GameStop Corp (GME.N), opens new tab shares is stemming the bleeding for short sellers, even though some who bet against the high-flying stock have ...
GameStop was once the go-to destination for video games. Then it was the archetypal “meme stock” in 2021, when a band of Reddit-reading retail investors thwarted hedge funds’ shorts on the company ...
PHILADELPHIA -- GameStop is expected to lose money this year and next year. Sales growth is sluggish as fewer gamers need to go to stores - or even shop online - when they can download new titles ...
Jan 27 (Reuters) - Michael Burry has disclosed a position in videogame retailer GameStop, ‌playing down the odds of another major short ‌squeeze and likening its CEO, Ryan Cohen, to legendary investor ...
LOS ANGELES - If you’re confused as to why GameStop is shaking up Wall Street, you’re not alone. Earlier this week, trading volume surged in shares of GameStop, AMC Entertainment, as well as Bed Bath ...
GameStop Corp. shares rose 1.64% to $25.36 in morning trading Monday, extending a streak of modest gains as retail investors ...