Bitcoin, GameStop and Volatility Playbook
Digest more
Shares of the video game retailer GameStop ( GME -23.62%) had tanked roughly 19%, as of 10:18 a.m. ET today. The company announced plans to issue $1.75 billion in convertible notes for "general corporate purposes, including making investments in a manner consistent with GameStop's Investment Policy and potential acquisitions."
The beleaguered video game retailer was the center of a short squeeze in 2021 that resulted in swings from sharp gains to losses -- and since then, the company has seen its stock price decline. GameStop's revenue has suffered as the video game market shifted to digital downloads,
Meme stock – GameStop (NYSE:GME) – is set to release its earnings on Tuesday, June 10, 2025. Historically, GameStop's stock has exhibited a favorable one-day return in 55% of cases following earnings announcements over the last five years. The average positive return has been 10.2%, with the highest one-day gain reaching 35.2%.
News of a livestream scheduled for Friday by the Roaring Kitty YouTube channel -- what would be its first in three years -- has sent GameStop ... Stock Exchange has halted the stock for volatility ...
S3 Partners Managing Director Ihor Dusaniwsky discusses the sudden rise of Gamestop stock and breaks down ... It's really calmed down a bunch, but the volatility is still there.
The stock surged as much as 75% in early trading on Monday. Shares of GameStop climbed more than ... in markets multiple times on account of the volatility. The rally softened over the ensuing ...
Source: Image source: NASDAQ According to the NASDAQ trading halts website, GameStop shares were halted due to volatility. This is makes today's halts seemingly different than the recent stock ...
As a sign of how crazy the trading in GameStop's stock has been, it has already been halted four times for volatility within the first half hour since the open. The halts, which last for 5 minutes ...