WebIn January 2024, a short squeeze of the stock of the American video game retailer GameStop (NYSE: GME) 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 to … WebOct 30, 2024 · GameStop Corp. Consolidated Statements of Operations (in millions, except per share data) (unaudited) 13 Weeks Ended October 30, 2024 13 Weeks Ended October 31, 2024. Net sales $ $ Cost of sales 978.0 728.4 Gross profit 318.6 276.3 Selling, general and administrative expenses 421.5 360.4 Gain on sale of assets —
GameStop: One year on from the
WebOn January 27, 2024, technology news website Mashable reported that the subreddit had broken pageview records due to the short squeeze, receiving 73 million pageviews in 24 … WebJan 28, 2024 · Updated on: January 28, 2024 / 7:27 PM / CBS/AP. Shares of GameStop tumbled 44% on Thursday after Robinhood and other stock-trading platforms halted … medications is a sulphonylurea
GameStop timeline: A closer look at the saga that upended
Web18 hours ago · A GameStop employee was reportedly fired after posting about The Legend of Zelda: Tears of the Kingdom Nintendo Switch OLED system before its announcement. The now-former employee leaked details ... In early December, GameStop reported that net sales plummeted in the third quarter of its fiscal year 2024, down more than 30% compared to the same time period in 2024. The retailer attributed this drop in sales to a number of reasons, including an "11% reduction in the store base." In the same … See more Some retail traders jumped on GameStop's announcement, and in just a few days the stock closed at $31.40 a shareon Jan. 13 -- a spike of more than 50% since the Jan. … See more Citron Research, a stock research firm run by famous short-seller Andrew Left, took aim at those buying GameStop stock in a snappy tweet on Jan. 19. Shares opened that day at $41.55. … See more Just after markets closed on Jan. 26, Elon Musk tweeted the term used heavily in the Reddit page to refer to GME -- "Gamestonk!!" -- and a link to the r/wallstreetbets … See more As the tug-of-war between the everyday investors and hedge funds heated up and support grew for GameStop on r/wallstreetbets, the stock skyrocketed more than 50% in … See more Web23 hours ago · The amount of short interest could ultimately turn into buying pressure for the stock if a short-squeeze is triggered. These are the 10 stocks that are most primed for a short squeeze right now ... medications is an antiarrhythmic agent