GME) stock
2022 - 3 - 28Why GameStop Stock Jumped Today (unknown)
GameStop ( GME 24.77% ) shares beat the market on Monday, jumping over 10% in early trading before settling to a 9% increase by 11 a.m. ET, compared with a ...
Management couldn't offer a 2022 sales outlook, after all, as the company is still in the early stages of its pivot toward e-commerce, non-fungible tokens, and blockchain gaming. GameStop also benefited from increased chatter on Reddit boards over the weekend, with excitement building about a potential profit rebound ahead following a tough holiday season for earnings. GameStop entered the weekend with solid momentum, having soared 50% in the prior five trading days.
Why Is GameStop (GME) Stock Up Today? (unknown)
One of the hottest stocks of 2021, GameStop (NYSE:GME) is once again in the spotlight following some insider buying and a return in meme-stock interest.
Right now, it appears momentum is only positive for GameStop. However, we’ve seen how volatile this stock can be in the short term. As fellow InvestorPlace contributor Eddie Pan noted, much of the recent momentum GameStop has seen is a direct result of some impressive buying pressure. Many of these investors have continued to monitor GameStop for some time, with the hopes that another squeeze could be just around the corner.
GameStop Rides Meme-Stock Revival for Longest Rally Since 2010 (unknown)
GameStop Corp. rose for a 10th consecutive session Monday, giving the stock its longest winning streak since April 2010. The Grapevine, Texas-based video ...
Why The Price Jumped Up Today (unknown)
The stock price of GameStop Corporation (NYSE: GME) increased by over 15% during intraday trading today. This is why.
Investors appear to be responding in sympathy with AMC today. Like AMC, GameStop is known as a “meme stock.” AMC was able to capitalize on its popularity with retail investors, who had turned the company into a meme stock.
GameStop stock rockets to longest win streak in 12 years (unknown)
It's a very happy Monday for GameStop Corp. investors, as the stock powered higher to its longest win streak in more than a decade.
The stock rose for a 10th-straight session, marking the third time that streak of gains was accomplished since the company went public in February 2002. It is also the best performance for any 10-day stretch since it blasted 159.98% higher during the 10-days ended March 12, 2021, in the midst of last year’s “meme-stock” frenzy. It has been on a tear of late, as a renewed meme-stock frenzy coincided with rising bearishness. Don’t miss: GameStop stock shows rare resiliency as it rises to longest win streak in more than 4 years. It’s a very happy Monday for GameStop Corp. investors, as the stock powered higher to its longest win streak in more than a decade. The videogame and consumer electronics retailer’s stock GME, -2.37%soared 24.8% to $189.59, the highest closing price since them on track for the highest close since Nov. 30.
GameStop (GME) Stock Spikes 24.77% Fueled by Speculative Traders (unknown)
GameStop Corporation (NYSE: GME) stock surged over 24 percent on Monday to close the day trading at $189.59.
During the financial year 2021, the company raised over $1.67 billion in the capital. During the fourth quarter, the company reported net sales of $2.254 billion. The NFT marketplace is expected to be developed in partnership with Immutable X at a deal worth $150 million. The company has transitioned its business to online retail significantly recently. While the company did not have any fundamental news, there are reports of speculative traders on Reddit. GameStop shares have significantly rebounded in the past two weeks after months of correction.
Meme Stock Madness Is Back: GME, AMC Soar Again (GOBankingRates)
Meme stock madness is making a comeback, with all the usual suspects -- notably AMC, Bed Bath & Beyond and GameStop -- surging in the past few days.
AMC’s stock price is up nearly 60% over the past five days and is remaining steady so far today. Rumors had started in November as to when the launch would be, when the company posted a slew of NFT-platform and Web3 gaming jobs on its career page, as GOBankingRates previously reported. As for AMC, it bought a stake in precious-metals miner Hycroft Mining Holding for $140 million earlier this month, according to an announcement.
GameStop Stock Halted On NYSE, Extends Slide With AMC As ... (TheStreet)
Meme stock favorites GameStop and AMC Entertainment were briefly halted from trading on the NYSE Tuesday as shares snapped one of the longest rallies on ...
AMC will own a 22% stake in the group, as well as the right to appoint a representative on the Hycroft board, in exchange for what it called a "nominal amount" of cash from AMC shareholders. Earlier this month, AMC confirmed that revenues for the three months ending in December came in at $1.17 billion, while its net loss narrowed to $134.4 million, thanks in part to the huge success of "SpiderMan: No Way Home" and the James Bond epic "No Time To Die". The group also confirmed reports that it plans to develop a market for so-called NFTs, or non-fungible tokens, related to its video game products, following a tie-up with Australian blockchain startup ImmutableX last month and the launch of a dedicated website last year, and plans to launch its NFT marketplace by the second quarter of the current fiscal year. GameStop was last seen trading 6.1% lower on the session at $178.00 each, a move that would still leave the stock up 41% over the past month, while AMC fell as much as 12% before trading 2.1% into the red at $28.80 each. Both GameStop and AMC Entertainment ( AMC) - Get AMC Entertainment Holdings, Inc. Class A Report names that defined last year's meme-stock phenomenon, were halted in early Tuesday trading amid heighted volatility and larger-than-usual pre-market volumes. GameStop ( GME) - Get GameStop Corp. Class A Report shares extended declines Tuesday, after being halted by officials on the New York Stock Exchange, in a move that could snap the meme stock's longest winning streak in more than a decade.
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