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GameStop Shares Soar 30% As Meme Stock Leader ‘Roaring Kitty' Schedules Livestream
Forbes· 2024-06-07 02:11
ToplineShares of video game retailer-turned-social media phenomena GameStop soared Thursday after Keith Gill, the unofficial commander of the meme stock movement, scheduled his first public appearance since he ignited the GameStop rally with his multimillion-dollar bet on the stock.Gill owns five million common shares of GameStop and even more in call options, according to ... [+] unverified posts from his DeepF*ckingValue Reddit account, a position worth well over $100 million.SOPA Images/LightRocket via G ...
GameStop Shares Soar TK% As Meme Stock Leader ‘Roaring Kitty' Schedules Livestream
Forbes· 2024-06-07 02:11
ToplineShares of video game retailer-turned-social media phenomena GameStop soared Thursday after Keith Gill, the unofficial commander of the meme stock movement, scheduled his first public appearance since he ignited the GameStop rally with his multimillion-dollar bet on the stock.Gill owns five million common shares of GameStop and even more in call options, according to ... [+] unverified posts from his DeepF*ckingValue Reddit account, a position worth well over $100 million.SOPA Images/LightRocket via G ...
GameStop shares jump 30% as 'Roaring Kitty' schedules YouTube livestream for Friday
CNBC· 2024-06-07 01:37
Shares of GameStop shot to session highs Thursday after meme stock leader Roaring Kitty scheduled a livestream on Youtube, which would be his first one in almost four years.Roaring Kitty, whose real name is Keith Gill, set the time for his live chat at noon Friday, which traders speculated would be a bullish discussion about his massive GameStop stake. The investor hosted three-hour livestreams in August 2020 explaining his investing thesis behind his favorite brick-and-mortar video game retailer.GameStop p ...
GameStop Corp. Fundamental Company Report 2024 Including Financial, SWOT, Competitors and Industry Analysis
GlobeNewswire News Room· 2024-06-05 22:54
Dublin, June 05, 2024 (GLOBE NEWSWIRE) -- The "GameStop Corp. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis" company profile has been added to ResearchAndMarkets.com's offering.This report provides a complete overview of the company's affairs. The report includes financial and SWOT information, industry analysis, opinions, estimates, GameStop Corp. annual and quarterly forecasts made by stock market experts. The report also enables direct comparison to be made betw ...
Rising Retail Headwinds? Clues from Victoria's Secret and GameStop Preliminary Earnings
See It Market· 2024-06-05 21:57
The following research was contributed to by Christine Short, VP of Research at Wall Street Horizon.April U.S. Retail Sales were below estimates, but other macro data show decent spending trendsAfter issuing preliminary earnings reports in May, Victoria’s Secret and GameStop hint at differing consumer vibesThe two firms also host shareholder meetings next week, potentially drawing further volatilityIt’s hard to paint the American consumer using one broad brush. Upper-end households seem to be doing fine, ...
Roaring Kitty Faces Trading Probe After GameStop (GME) Stock Frenzy
Investor Place· 2024-06-05 21:30
Keith Gill, alias Roaring Kitty, faces a probe by regulators in Massachusetts over his trades in GameStop (NYSE:GME) stock.Gill, who led the 2021 meme stock rally, recently bought a big block of GameStop common and options. He advertised the positions by posting them to X, formerly Twitter. He also showed a screenshot of his positions on Reddit’s Superstonks subreddit.GME stock rose 5.5% on June 4 but fell slightly overnight. It was due to open this morning at about $26.80 per share, a market capitalization ...
Forget GameStop, this stock is a perfect short-squeeze candidate
Finbold· 2024-06-05 17:51
With GameStop (NYSE: GME) being a hot topic right now, with the renewed trading activity from Roaring Kitty, it is easy for traders to overlook other potential short squeeze targets that are experiencing sustainable gains, particularly in the recent sessions.Notably, Olema Pharmaceuticals (NASDAQ: OLMA) has experienced a remarkable surge, with its stock price skyrocketing by an impressive 52.56% in the previous five trading sessions, climbing from $9.17 to $13.95 as of the latest close.OLMA stock 5-day pric ...
GameStop, AMC Rally Fades Amid Reports E*Trade Is Considering Banning Keith Gill
Investopedia· 2024-06-05 03:25
Key TakeawaysMonday's rally in GameStop and AMC shares faded Tuesday following a report that Morgan Stanley’s E*Trade is considering banning Keith Gill from the trading platform.Gill, also known as "Roaring Kitty," was one of the key drivers of the 2020 and 2021 meme stock craze.Recent rallies fueled by Gill's social media posts raised concerns that he could stoke enthusiasm for the stocks with posts for his own gain, the Wall Street Journal reported. Monday's rally in GameStop (GME) and AMC Entertainment ( ...
Is Trending Stock GameStop Corp. (GME) a Buy Now?
ZACKS· 2024-06-04 22:05
GameStop (GME) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this video game retailer have returned +71.7%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Retail - Consumer Electronics industry, which GameStop falls in, has gained 29.3%. The key question now is: What could be the stock's future ...
3 Stocks With Bullish Catalysts
ZACKS· 2024-06-04 01:46
Efficient Market Hypothesis (EMH) is a market thesis is a market hypothesis taught in higher education that suggests that equity markets are efficient, are a zero-sum game, and are “priced to perfection” – leaving no room for excess profits. However, investors do not need to look very far to debunk the faulty hypothesis. GameStop & Meme Stock Mania: Markets Not EfficientGameStop ((GME) was up more than 50% this morning after Internet personality “Roaring Kitty” tweeted Sunday night that he owns over $100 mi ...