Why the GameStop story is far from over - BBC

GameStop's shares slumped by 40% in 25 minutes on Wednesday, after a few days of frenetic growth. Earlier that day the share price had soared to nearly $350 (£250) - 100 times more …

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Why The GameStop Story Is Far From Over - BBC

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GameStop's shares slumped by 40% in 25 minutes on Wednesday, after a few days of frenetic growth. Earlier that day the share price had soared to nearly $350 (£250) - 100 times more …

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GameStop - BBC News

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Nov 9, 2021 · All the latest content about GameStop from the BBC. BBC Homepage. ... GameStop raises over $2bn after Roaring Kitty rally. ... Why the GameStop story is far from …

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Why The GameStop Story Is Far From Over – Our Generation

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Mar 13, 2021 · Why the GameStop story is far from overReutersGameStop's shares slumped by 40% in 25 minutes on Wednesday, after a few days of frenetic growth. Earlier that day the …

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FAQs about Why the GameStop story is far from over - BBC Coupon?

Why is the GameStop story so unnerved?

That is one reason why the GameStop story has so unnerved people. It reminds Americans how incredibly dependent we all are on markets that can be very, very volatile. ...

Why did GameStop stock rise 70%?

Their rise follows the online reappearance of Keith Gill, known as "Roaring Kitty", who was credited with helping the struggling firm's shares explode in January 2021, contrary to the bets of many professional Wall Street firms. GameStop shares jumped more than 70% in morning trade on Monday, to more than $30, as investors piled into the stock. ...

Was GameStop overpriced?

Believing GameStop overpriced, hedge funds had "shorted" the company, betting the share price would fall. Many people on the WallStreetBets Reddit forum realised if together they drove up the price, the hedge funds would have to try to buy back shares, to cut their losses, raising the price still further. This is known as a short squeeze. ...

What is a GameStop story?

This is the type of simple story I’d love to be able to tell about GameStop: In early 2021, a ragtag group of everyday traders, led by a Massachusetts dad going by — depending on your social media platform — Roaring Kitty or DeepFuckingValue, took on Wall Street titans and won. ...

What happened to GameStop shares?

Shares in GameStop crashed back to earth within weeks. They have spent much of this year trading for less than $15 apiece, after the firm announced job cuts and a decline in sales at the end of last year. GameStop: Who is winning the market battle? ...

Why did GameStop halt trading on the New York Stock Exchange?

The volume of shares being bought in the company triggered halts in trading on the New York Stock Exchange. GameStop provides its first financial update since it became the subject of a trading frenzy. WallStreetBets users flooded a conservation organisation with donations. All the latest content about GameStop from the BBC. ...