GameStop stock, Reddit and WallStreetBets: what you need to know

Feb 2, 2021 · GameStop’s share price has skyrocketed over the past week, going from well under US$100 on January 21 to an eye-watering closing price of $347.51 on January 27.

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GameStop Stock, Reddit And WallStreetBets: What You Need To Know

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Feb 2, 2021 · GameStop’s share price has skyrocketed over the past week, going from well under US$100 on January 21 to an eye-watering closing price of $347.51 on January 27.

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GameStop Stock Surge Lingo: Here's What Reddit's WallStreetBets …

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Mar 20, 2021 · Reddit's community, WallStreetBets, is still assisting in the rise of GameStop's stock, which is currently sitting at $272 per share and even hit an all-time high last week. …

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How Reddit Users Grew GameStop’s Stock Tenfold Fighting Wall …

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Video game retailer GameStop’s stock price has increased dramatically due to the actions of users on the WallStreetBets subreddit. The Reddit users pushed the stock up from $20 on 11 …

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Reddit Vs. Wall Street: The Latest In The GameStop Saga

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Jan 28, 2021 · Subreddit r/WallStreetBets has been the talk of the Internet this week, as its members have driven GameStop’s stock prices from around $20 to over $300. The community …

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GameStop Stock Frenzy: What You Need To Know - WSJ

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Jan 27, 2021 · Illustration: Zoe Soriano for the Wall Street Journal. Shares of a handful of firms such as GameStop Corp. GME 0.70% and BlackBerry Ltd. have posted triple-digit gains in …

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Is GameStop (NYSE:GME) Actually Worth Investing In?

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6 days ago · This influx of capital boosted GameStop’s cash reserves to approximately $4.2 billion by July 31, 2024, marking a 251.9% increase year-over-year. Additionally, the company used …

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R/wallstreetbets On Reddit: GameStop And AMC Stock Rebound.

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Both stocks have struggled in recent weeks along with other riskier assets like cryptocurrencies. Shares of movie-theater chain AMC Entertainment were up 2%, after slumping 15% Monday, …

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FAQs about GameStop stock, Reddit and WallStreetBets: what you need to know Coupon?

Did Reddit r/wallstreetbets cause a rise in GameStop's stock price?

In the GameStop saga, at least, the answer is yes. An army of traders on the Reddit forum r/WallStreetBets helped drive a meteoric rise in GameStop’s stock price in recent days, forcing halts in trading and causing a major headache for the short sellers betting against it and banking on the stock falling. ...

Should you Buy GameStop if you're shorted on Wall Street?

GameStop was the most shorted stock on Wall Street in early January. Some of the Wallstreetbets posters seem to understand that targeting it, and buying up the stock as a group of individual traders all rowing in the same direction, would cause a short squeeze and the stock price to soar. ...

Could R/wallstreetbets take over GameStop?

There is a Reddit forum for this, r/WallStreetBets, which describes itself as being “like 4chan found a Bloomberg Terminal.” A year ago, a user called delaneydi argued that GameStop was underpriced by the market. For a while, the idea that r/WallStreetBets would take over GameStop was a joke — but then it turned serious, Bloomberg reported. ...

Why is GameStop's stock price so high?

GameStop's stock price has increased dramatically due to the actions of Reddit users on the WallStreetBets subreddit. The stock price went from $20 on 11 January to a staggering high of $146.97. The reason for this surge is the collective efforts of these Reddit users. ...

Does GameStop's valuation reflect current earnings power?

Members of the subreddit r/WallStreetBets, known for pumping stock prices of cult names like Tesla, started a bull case for GameStop about twenty-one months ago when one member included in a post that the company's valuation “does not reflect the current earnings power,” Bloomberg News reported. ...

Is GameStop a good stock to buy?

While GameStop shares have been a favorite of Wallstreetbets members, it's a money-losing company that has been closing stores amid years of slumping sales and been a target of hedge funds and so-called short-sellers who wager that the shares of particular companies will fall. ...