GameStop stock tanks 25% as meme rally fades

Gamestop Stock News

GameStop stock tanks 25% as meme rally fades
Keith GillAMCShort Squeeze
  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 54 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 63%

GameStop stock fell after a two-day meme-stock rally.

) tanked 25% Wednesday as a rally among meme names shows signs of fading. Shares of the video game retailer are coming off a two-day short squeeze . GameStop stock gained more than 180% in the prior two sessions.) shares also fell 17% Wednesday after the theater chain operator rose 95% over the last two days.

Keith Gill, known in social media forums as Roaring Kitty, testifies during a virtual hearing on GameStop in Washington, Feb. 18, 2021. The man at the center of the meme stock craze during the pandemic returned to the social platform X for the first time in three years on Sunday. Short interest in GameStop has remained elevated since that meme rally, data from S3 Partners showed, with almost 24% of the float.

“The perception is that the entire system is set up and insulated to benefit the powerful elite. GME is the symbol of the populist movement against that concept,” said Kohrs. These high-yielding dividend stocks are perfect for investors looking for a deal, and who'll be paid to wait it out! The post Got $5,000? These 2 High-Yielding Dividend Stocks Are Trading Near Their 52-Week Lows appeared first on The Motley Fool Canada.A U.S.

Warren Buffett keeps building Berkshire Hathaway's cash pile because bargains are scarce and he seems worried about the world, Steve Hanke said.3 Stocks That Can Help You to Get Richer in 2025

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

YahooFinanceCA /  🏆 47. in CA

Keith Gill AMC Short Squeeze

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Premarket: Stocks at record high ahead of U.S. inflation data; meme mania heats upPremarket: Stocks at record high ahead of U.S. inflation data; meme mania heats upShares in AMC and GameStop soar more than 25 per cent in premarket trading
Read more »

PEPE price prediction: 20% rally or 25% pullback, what’s next?PEPE price prediction: 20% rally or 25% pullback, what’s next?PEPE is up over 60% in May, eclipsing Bitcoin performance on the price charts. With a new ATH, can PEPE bulls push further?
Read more »

Goldman Sachs Rings In 25 Years of Public Life With Stock at RecordGoldman Sachs Rings In 25 Years of Public Life With Stock at RecordWhen Goldman Sachs Group Inc. went public 25 years ago in one of the biggest US initial public offerings up to that point, the poster child of Wall Street had been largely owned by partners for more than a century.
Read more »

This French Pharmacy Skin Care Staple Is 25% Off — It's Time To Stock UpThis French Pharmacy Skin Care Staple Is 25% Off — It's Time To Stock UpLourdes Avila Uribe is a senior staff writer at HuffPost covering shopping trends, lifestyle and new products. She grew up in Los Angeles, California, and now resides in New York City.
Read more »

Stanley Cup Playoffs Day 25: Pickard stops 19 in playoff debut as Oilers tie seriesStanley Cup Playoffs Day 25: Pickard stops 19 in playoff debut as Oilers tie seriesThe Bruins stayed alive with a 2-1 win in Florida.
Read more »

Jones scores 25 to help Liberty open the season with victory over MysticsJones scores 25 to help Liberty open the season with victory over MysticsJonquel Jones scored 25 points, Betnijah Laney-Hamilton added 20 and the New York Liberty opened the season with an 85-80 victory over the Washington Mystics on Tuesday night. Canada's Aaliyah Edwards, the No. 6 pick in the WNBA draft out of UConn, scored six points in 14 minutes.
Read more »



Render Time: 2025-02-13 12:17:48