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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of GameStop Corp. - GME
GlobeNewswire News Room· 2024-06-14 03:30
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 Journ ...
GameStop Reschedules Annual Shareholder Meeting After Server Crashes From High Interest: What Investors Should Know
Benzinga· 2024-06-14 03:16
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 c ...
GME Stock Alert: GameStop Postpones Annual Meeting
Investor Place· 2024-06-14 03:01
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 t ...
GameStop Postpones Shareholder Meeting After Livestream Servers Were Overwhelmed, Host Says
Forbes· 2024-06-14 02:03
Topline GameStop’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 Facts GameStop’s ...
GameStop Calls Pop; Bears PLAY Puts
Schaeffers Investment Research· 2024-06-14 01:00
Even amid cooler-than-expected inflation data, stocks are all over the place today, with the Dow sharply lower, the S&P 500 flat, and the Nasdaq cautiously higher. Amidst this volatility, meme stock GameStop Corp (NYSE:GME) and Dave & Buster's Entertainment Inc. (NASDAQ:PLAY) are two names making outsized moves and attracting attention in the options pits. GME is up 4.1% to trade at $26.50, continuing to take investors on a ride. After Friday's 39.4% drawdown, the meme stock proceeded to shed 12%, add 22.8% ...
Did Roaring Kitty Cut His Position in GameStop (GME) Stock Options?
Investor Place· 2024-06-14 00:34
Has Roaring Kitty sold some of his $20 GameStop (NYSE:GME) call options? Yesterday’s options data suggests that this could be the case. Roaring Kitty, whose real name is Keith Gill, last disclosed his GME stock position on June 10 via an account screenshot to Reddit. He owned 5 million shares purchased at an average per share price of $21.27 and 120,000 $20 call options with a June 21 expiration date. On that day, there were a total of 166,405 contracts outstanding for the $20 strike price. On Wednesday, vo ...
Servers for GameStop annual shareholder meeting crash due to overwhelming interest
CNBC· 2024-06-14 00:27
文章核心观点 - GameStop的年度股东大会因为计算机问题而中断 [2][3][4] - 大量投资者试图访问会议直播,导致ComputerShare的服务器崩溃无法承受流量 [5][6] - 这一事件发生在新一轮"记忆股"热潮中,受到Roaring Kitty等网络交易者的影响 [6] - GameStop股价当日波动较大,最高涨幅达10.7% [7] 公司相关 - GameStop召开年度股东大会,但由于技术问题而中断 [2][3][4] - GameStop表示会尽快提供会议重新召开的消息 [4] - GameStop股价当日波动较大,最高涨幅达10.7% [7] 行业相关 - 这一事件发生在新一轮"记忆股"热潮中,受到Roaring Kitty等网络交易者的影响 [6] - 大量投资者试图访问会议直播,导致ComputerShare的服务器崩溃无法承受流量 [5][6]
Roaring Kitty may have liquidated his sizable stake in GameStop amid trading frenzy
New York Post· 2024-06-13 22:41
Keith Gill, the meme stock trend-setter known as Roaring Kitty, may have sold off his recently-disclosed options in GameStop amid a surge in trading, market experts speculated. Gill — who made a surprise comeback to social media last month after not posting anything online in years — had disclosed a sizeable GameStop stock and options position in a screen shot on Reddit on June 2. The screen shot showed he held 120,000 GameStop June 21 call options at a strike price of $20, bought at $5.6754 per contract or ...
How Does The Current Rally In GameStop Stock Compare With The Fall In 2008 Crash?
Forbes· 2024-06-13 21:00
NEW YORK, NEW YORK - JUNE 07: People are seen outside of a GameStop store on East 14th Street on ... [+] June 07, 2024 in New York City. (Photo by Craig T Fruchtman/Getty Images) Getty Images The stock price of GameStop (NYSE: GME) trades at $30 per share, about 65% below its peak level of over $80 seen in January 2021. In contrast, Best Buy stock (NYSE: BBY) stock saw a 13% decline over this period. Note that GME stock saw a gigantic move from $5 to over $80 in January 2021, amid a large short squeeze. [1] ...
Is GameStop Stock's Recent Meme Rally Officially Over?
Investor Place· 2024-06-13 18:15
Retail trading legend Keith Gill, known as Roaring Kitty, returned to his livestream on Friday after several years. GameStop (NYSE:GME) stock had already fallen 25% that morning following a rushed Q1 earnings report and a 75 million share offering. During Gill’s appearance, shares continued to drop, ending 40% lower for the day. The Solana-based meme token GME stock doubled in price before falling 50% on Friday, but still tripled for the week. Keith Gill’s return to social media caused a frenzy for GameStop ...