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US Stocks To End Record-Clinching Week On Subdued Note, GameStop Slides, Adobe Soars: Fed Speeches And More To Watch Heading Into Friday
Benzinga· 2024-06-14 11:44
Loading...Loading...The market could pause in the final trading session of the week following its record run, facilitated by tamer-than-expected inflation data. The major index futures were moderately lower in early trading. Adobe Inc. ADBE will likely come to the aid of the tech sector, which has been on a hot streak. Traders may also pay close attention to the inflation expectations readings from the University of Michigan’s preliminary consumer sentiment report and speeches of a few Federal Reserve offic ...
These 5 stocks are potential short-squeeze candidates
Finbold· 2024-06-14 09:42
In recent weeks, extreme volatility in specific stocks has resurged following the return of popular trader Keith Gill, also known as Roaring Kitty, to social media. After a nearly four-year hiatus, Gill disclosed a sizable stake in GameStop (NYSE: GME), reigniting interest in the stock. This activity has led to a short squeeze, a significant, short-term spike in a stock’s share price. A short squeeze happens when many short sellers are forced to buy shares to exit their positions simultaneously, driving the ...
Roaring Kitty's GameStop stake grows to 9 million shares after selling his big options position
CNBC· 2024-06-13 22:21
Meme stock champion Keith Gill, known as "Roaring Kitty" online, seemed to increase his ownership in GameStop's common stock and appears to be holding more than 9 million shares.Gill posted a new screenshot of his E-Trade portfolio on Reddit's Superstonk forum after the bell Thursday, showing that he is now holding 9.001 million GameStop shares and over $6 million in cash. On June 2, the first day he started disclosing his position in 2024's meme stock frenzy, his portfolio had 5 million shares as well as 1 ...
GameStop Announces Updated Time and Date for Annual Meeting of Stockholders
Newsfilter· 2024-06-13 21:26
GRAPEVINE, Texas, June 13, 2024 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) announced that its virtual annual meeting of stockholders, scheduled for June 13, 2024 at 10:00 a.m. CDT, was convened and adjourned, without any business being conducted, due to technical difficulties with the third-party hosting site. The meeting will be reconvened at 11:30 a.m. CDT on June 17, 2024, at meetnow.global/MT244SG. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS - SAFE HARBOR ...
GameStop Announces Updated Time and Date for Annual Meeting of Stockholders
GlobeNewswire News Room· 2024-06-13 21:26
GRAPEVINE, Texas, June 13, 2024 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) announced that its virtual annual meeting of stockholders, scheduled for June 13, 2024 at 10:00 a.m. CDT, was convened and adjourned, without any business being conducted, due to technical difficulties with the third-party hosting site. The meeting will be reconvened at 11:30 a.m. CDT on June 17, 2024, at meetnow.global/MT244SG. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS - SAFE HARBORT ...
Gamestop's annual shareholder meeting disrupted after 'unprecedented demand' causes tech issue
Techxplore· 2024-06-13 19:57
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: A GameStop sign is displayed above a store in Urbandale, Iowa, on Jan. 28, 2021. Gamestop’s highly-anticipated shareholder meeting ran into a technical problem Thursday, June 13, 2024 — resulting in many eager investors being unable to log on to the livestream. Computershare, the company hosting the webcast, confirmed that “unpr ...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of GameStop Corp. - GME
GlobeNewswire News Room· 2024-06-13 19:30
NEW YORK, June 13, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of GameStop Corp. (“GameStop” or the “Company”) (NYSE: GME).   Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.    The investigation concerns potential securities fraud or other unlawful business practices in connection with trading in GameStop securities.  [Click here for information about joining the class action] On June 3, 2024, the Wall Street ...
GameStop Reschedules Annual Shareholder Meeting After Server Crashes From High Interest: What Investors Should Know
Benzinga· 2024-06-13 19:16
Loading...Loading...The high volatility around GameStop Corporation GME stock continues after the return of Roaring Kitty, aka Keith Gill, on social media prompted increased attention in the video game retailer.On Thursday, high interest in the company's annual shareholder meeting led to a server crash, causing the postponement of the event.What Happened: GameStop previously announced first-quarter financial results and plans to sell 75 million shares in an at-the-market offering, which has since been compl ...
GME Stock Alert: GameStop Postpones Annual Meeting
Investor Place· 2024-06-13 19:01
GameStop (NYSE:GME) remains one of the most closely-watched stocks in the market. Shares of GME stock have been on a rollercoaster ride over the past few weeks, as Keith Gill (also known as Roaring Kitty) has stepped into options contracts dated a week out in this stock. While the stock has surged and plunged on its pre-announced earnings and share issuance last week, GameStop shares are moving higher today, up more than 12% in early afternoon trading.This move appears to be a direct result of news that the ...
GameStop Postpones Shareholder Meeting After Livestream Servers Were Overwhelmed, Host Says
Forbes· 2024-06-13 18:03
ToplineGameStop’s annual shareholder meeting Thursday was postponed because of technical difficulties with the livestream, which the hosting company said was overwhelmed by the number of people trying to access the meeting, amid increased craze for the video game retailer after meme stock trader Keith Gill returned to social media.The company that hosted the stream experienced a “mass amount” of issues as people tried to access ... [+] the meeting, a representative said.Getty Images Key FactsGameStop’s shar ...