When investors thought that the GameStop (NYSE: GME) short-squeeze was over just as it started, GME shares showed signs of potential future gains driven by market speculation, causing more short squeezes, albeit smaller ones.Now, it seems that something factual sent GME stock soaring in the pre-market. It added 15% in pre-market trading, taking its price from $19 on Friday, to almost $22 at the time of writing.GME stock 24-hour price chart. Source: Google FinanceThis surge marks the largest daily surge sinc ...

GRAPEVINE, Texas, May 24, 2024 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE:GME) ("GameStop" or the "Company") today announced that it has completed its previously disclosed "at-the-market" equity offering program (the "ATM Program"). GameStop disclosed on May 17, 2024 that it filed a prospectus supplement with the U.S Securities and Exchange Commission to offer and sell up to a maximum amount of 45,000,000 shares of its common stock from time to time through the ATM Program. The Company sold the maximum number ...

GRAPEVINE, Texas, May 24, 2024 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today announced that it has completed its previously disclosed “at-the-market” equity offering program (the “ATM Program”). GameStop disclosed on May 17, 2024 that it filed a prospectus supplement with the U.S Securities and Exchange Commission to offer and sell up to a maximum amount of 45,000,000 shares of its common stock from time to time through the ATM Program. The Company sold the maximum numbe ...

GameStop (GME) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this video game retailer have returned +63.4% over the past month versus the Zacks S&P 500 composite's +4% change. The Zacks Retail - Consumer Electronics industry, to which GameStop belongs, has gained 6.8% over this period. Now the key question is: Where could the stock be headed in the near term?Although media ...

“Sell in May and go away” is a common adage in investing. It’s based on the historical pattern of stocks underperforming from May to October when investors tend to stay on the sidelines. While timing the market is sketchy work at best, following the herd might be the best option for some investors. All that’s left is figuring out if you’re holding prime stocks to sell. So, I’ve developed a list of companies that might get the short stick in May based on these criteria. Trade above their mean target priceHav ...

If you're looking for good news about the popular meme stocks ranked in this article, you'll be hugely disappointed. Barron's reported on May 21 that, according to Investor's Business Daily analysis, investors lost $13 billion on meme stocks in the three trading days after GameStop (NYSE:GME) hit a $64.83 52-week high on May 14. At the same time, GME hit a 52-week high, and AMC Entertainment (NYSE:AMC) hit a one-month high of $11.88. Trump Media & Technology Group (NASDAQ:DJT) didn't seem to react as much, ...

After an unexpected rally sent meme stocks surging last week, things appear to have settled down. When Keith Gill — the man credited with helping launch the GameStop (NYSE:GME) short squeeze of 2021 — unexpectedly returned to X, the r/WallStreetBets crowd rejoiced. This momentum sent meme stock favorites like GME and AMC Entertainment (NYSE:AMC) to impressive heights. However, predictably, the trading frenzy has since run out of steam.Halfway into this week, the meme stocks that skyrocketed on the back of t ...

GameStop (NYSE:GME) stock is in the spotlight after Independent presidential candidate Robert F. Kennedy Jr. announced a $24,000 stake in the video game retailer.I’m very aware of what the average retail investor has been saying about the need for greater transparency in our markets, stronger regulatory oversight and tougher penalties for market manipulation and criminal behavior.  My administration will support the Ape retail rebellion… pic.twitter.com/pjDgeSUXcY— Robert F. Kennedy Jr (@RobertKennedyJr) Ma ...

Bloomberg columnist Matt Levine wondered on May 13 if GameStop (NYSE:GME) was back. He was speaking about the video game retailer’s 70% surge in its share price after Keith Gill, a celebrity investor known as “Roaring Kitty”, posted on X (formerly Twitter) for the first time since June 2021. Everyone and their dog has since provided GameStop stock analysis about the meme stock’s comeback. The 70% jump in GME stock proves the brokenness of the markets, and investors have forgotten that fundamentals rule the ...

The renewed GameStop (NYSE: GME) mania has shown that the trading community wields a significant impact on the stock market and can make substantial movements in stock valuations, turning thousands into millions.Exactly this happened to an anonymous trader on May 17, as his initial $27,000 investment in call options became $2 million worth of profit.Trader turns $27,000 into $2 million with GME stock call options. Source: Unusual WhalesThe news came as a response by Unusual Whales to a post from Robert F. K ...