Another week has past and GameStop’s (NYSE:GME) stock has grown more volatile, putting investors further at risk. On June 12, GameStop stock plunged 25% on reports that investor Keith Gill, who goes by the online handle “Roaring Kitty,” exercised most of the 120,000 call option contracts he had. Gill apparently used the options contracts to buy even more GME stock. As the trading week ended on June 14, Gill shared a screenshot of his investment account that showed he held over nine million shares of GameSto ...

Roaring Kitty brought meme stocks back to life. His first post in three years in mid-May caused GameStop (NYSE:GME) shares to triple in value almost overnight. It also dragged other left-for-dead meme stocks along for the ride.Yet, the reaction to the meme lord (his real name is Keith Gill) by Wall Street was telling. The Wall Street Journal reported that discount broker E-Trade, owned by Morgan Stanley (NYSE:MS), was mulling whether to ban him from the platform. The investment firm’s financial crimes divis ...

Key TakeawaysGameStop shares dropped Monday as its annual shareholder meeting provided little detail about what the company's plans are.Reports indicate Chief Executive Officer Ryan Cohen briefly discussed creating shareholder value and cutting costs.Shares of GameStop have been on a roller-coaster ride recently, with the re-emergence of meme-stock hero "Roaring Kitty," who discussed his current investment in the stock. GameStop (GME) shares plunged Monday as the struggling video game retailer’s delayed ann ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

ToplineGameStop CEO Ryan Cohen said during the video game retailer’s annual shareholder meeting it is not here to “hype things up” as meme stock traders continue to invest in the company, which experienced a more than 11% drop after the meeting’s scheduled start time.The shareholder meeting took place at 11:30 a.m. CT. (Photo Illustration by Thiago Prudêncio/SOPA ... [+] Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty Images Key FactsGameStop shares traded down 11.9% at $25.27 as of 3 ...

GameStop (NYSE:GME) had initially planned on holding its annual meeting on June 13. However, a surge in demand led to a malfunction of its virtual webcast and a postponement to today, June 17. With the meeting now concluded and GME stock taking a beating today, let’s review the results.CEO Ryan Cohen kicked off the meeting by providing a statement on GameStop’s future and his opinion of the macroeconomic environment. He continued to echo his stance on cutting cuts and focusing on profitability.“Revenues wit ...

文章核心观点 - GameStop计划缩小门店网络,转向提供更多增值商品,以提高销售和盈利能力 [1][2][5] - GameStop最近通过股票发行筹集了超过20亿美元现金,但并未透露具体用途 [2][7] - GameStop股价在过去一个月内出现大幅波动,与网红投资者Roaring Kitty重新出现并披露大量持股有关 [3][8][9] 公司概况 - GameStop是一家视频游戏零售商,主要销售新旧游戏光盘,但受到数字下载和游戏流媒体的冲击,销售放缓 [6] - GameStop最近通过两次股票发行共筹集了超过20亿美元现金,但股价仍大幅低于2021年高点 [7] 股价波动 - GameStop股价在过去一个月内出现大幅波动,与网红投资者Roaring Kitty重新出现并披露大量持股有关 [3][8][9] - Roaring Kitty最近披露持有GameStop约900万股股票,引发了散户投资者的新一轮热情 [9]

Traders work at the post where GameStop is traded on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 12, 2024.The meme stock was down more than 12%, as the company's rescheduled shareholder event wrapped up with no detailed remarks about its strategies. No shareholders got to ask their questions during the meeting, which lasted about 30 minutes. Shares were down as much as 17% at $23.79.GameStop shares dropped to session lows Monday after the company's highly anticipated annual ...

Loading...Loading...The return of Keith Gill, aka Roaring Kitty, to social media has prompted increased interest in AMC Entertainment Holdings AMC and GameStop Corporation GME, which are often labeled as meme stocks.The increased interest may have also led to more attention from short sellers. A short selling data expert breaks down the latest.What Happened: In 2021, meme stocks became the center of a story that saw retail investors take on short sellers and hedge funds. A similar story played out recently ...

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 +29.2% over the past month versus the Zacks S&P 500 composite's +3.7% change. The Zacks Retail - Consumer Electronics industry, to which GameStop belongs, has lost 10.9% over this period. Now the key question is: Where could the stock be headed in the near term?While media re ...