Why GameStop shares are on a wild, Reddit-driven run

Jan 25, 2021 · From its lows last April, when GameStop traded at $2.80, shares have risen more than 2,600%. Stock traders experienced wider volatility on Monday, as other companies …

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Why GameStop Shares Are On A Wild, Reddit-driven Run

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Jan 25, 2021 · From its lows last April, when GameStop traded at $2.80, shares have risen more than 2,600%. Stock traders experienced wider volatility on Monday, as other companies …

seattletimes.com

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Explainer: Why Regulators May Scrutinize GameStop's Reddit …

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Jan 27, 2021 · Shares of video game retailer GameStop Corp (GME.N) surged nearly 700% over the past week as retail investors piled in to the stock, appearing to be urged on by bullish …

reuters.com

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GameStop Stock Soars As Reddit Investors Take On Wall St. - The …

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Jan 27, 2021 · That caused GameStop’s market value to increase to over $24 billion from $2 billion in a matter of days. Its shares have risen over 1,700 percent since December. Between …

nytimes.com

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GameStop Stock Is Soaring Again. Here's What To Know.

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Jun 3, 2024 · The Reddit account associated with Gill posted a screenshot on Sunday of an apparent portfolio holding five million shares in GameStop, purchased for $21.27 each, …

go.com

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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 …

theverge.com

FAQs about Why GameStop shares are on a wild, Reddit-driven run Coupon?

Why have GameStop shares soared 1700 percent?

GameStop shares have soared 1,700 percent as millions of small investors, egged on by social media, employ a classic Wall Street tactic to put the squeeze on Wall Street. This surge is fueled by a forum on Reddit and has pushed GameStop shares into the stratosphere, crippling short sellers. ...

What is happening with GameStop's stock?

GameStop's stock is soaring due to a surge in buying by retail investors, particularly those active on forums like Wall Street Bets. This buying pressure is forcing short-selling hedge funds to buy back borrowed shares at higher prices, further driving up the stock price. ...

Should you buy GameStop stock?

GameStop was the most shorted stock on Wall Street in early January. Some of the Wallstreetbets posters suggest buying up the stock as a group of individual traders to cause a short squeeze and make the stock price soar. ...

Why did Reddit Buy GameStop?

The reason is two-fold, both of which are far removed from anything related to the company’s fundamental strength: Investors following the Reddit group bought a ton of GameStop options, and short-sellers had to buy shares to cover their losing bids. ...

Does WSB Buy GameStop stock?

In the case of GameStop and other stocks targeted by WSB, traders keep buying options, forcing the investors selling those options to hedge their bets by buying up GameStop stock. What’s a short? Short-sellers are investors who bet that a stock is going to fall. ...

Is GameStop stock soaring again?

GameStop stock is soaring again. Here's what to know. The stock surged as much as 75% in early trading on Monday. Pedestrians pass a GameStop store on 14th Street at Union Square, Jan. 28, 2021, in the Manhattan, New York. ...