News with the tag "GameStop stock"

An unofficial GameStop memecoin GME, which has no affiliation to the company, also saw a rise of up to 72% following a post from influencer Keith Gill.

In a recent disclosure to the U.S. Securities and Exchange Commission, Keith Gill, also known as “Roaring Kitty,” revealed a substantial new investment move. Gill has acquired a significant 6.6% stake in Chewy Inc. (CHWY). Chewy is a prominent pet products retailer listed on the New York Stock Excha...

GameStop (GME) stock experienced a significant surge ahead of the company’s much-anticipated 2024 Annual Meeting of Stockholders. The meet is scheduled to be held virtually on June 13, 2024. The stock climbed over 4% to reclaim the $26 level. The recent rally reflects renewed investor interest and o...

The world of cryptocurrencies witnessed another rollercoaster week, with Bitcoin (BTC) leading the charge. The price of BTC surged, fueling optimism, only to experience a sharp decline. This price volatility was mirrored by altcoins, while the emergence of GameStop (GME) meme stock dominated discuss...

GameStop (GME) has once again taken Wall Street by storm, announcing plans to sell 75 million of its shares to raise capital via equity offering today, June 7. Following the firm’s revelation of its Q1 2024 results, in which net sales stood considerably low compared to the previous year, the move co...

VanEck advisor Gabor Gurbacs has recently taken to a post on X, taking a dig at the TradFi (Traditional Finance) system amidst GameStop meme stock’s recent buzz across Wall Street. Gurbacs deemed the system worse, hailing the Bitcoin ecosystem better in his post dated June 3. This statement appears ...

E-Trade is reportedly mulling over the possibility of suspending Keith Gill, a trader involved in the meme stock movement and popularly known as ‘Roaring Kitty’. Morgan Stanley-owned brokerage is mulling this action given that Gill has recently made a big bet on GameStop shares and call options rais...

After a period of relative silence, Keith Gill, famously known as “Roaring Kitty,” has re-emerged onto the social media scene. Moreover, the meme stock pioneer sent shockwaves through the financial markets once again. Gill, a key figure in the GameStop (NYSE: GME) saga of 2020 and 2021, has sparked ...

Robinhood is inching a settlement with investors who initiated a lawsuit against the trading platform over its decision to halt trading of certain meme stocks in 2021, including GameStop. The Robinhood meme stock lawsuit is expected to reach a settlement and dismissal in two weeks. Moreover, the HOO...

In the aftermath of GameStop’s (GME) recent stock price crash and the company’s announcement to sell a large portion of its shares, the meme stock has once again defied expectations with a significant price surge. This unpredictable turn of events has not only attracted significant attention across ...