On January 22, 2021, approximately 140 percent of GameStop's public float had been sold short, meaning some shorted shares had been re-lent and shorted again. ... Shares of GameStop closed at $347.51 on Jan. 27. Investors who bet against a stock are called “shorts.” In GameStop’s case, the shorts include at least two big hedge funds. Shorting a stock essentially means borrowing shares … The stock closed Friday's session at $325. Shares of GameStop finished last week with a gain of 400%, bringing its total return this year to 1,625%. One thing that you could buy for $670 million is all of GameStop as of October 2020. The company is expected to show a … As a result, GameStop's stock price declined, leading many institutional investors to short sell the stock. The gaming retailer's stock was priced at … Dozens of heavily shorted stocks have rocketed 50% or more during 2021. Since then, GameStop's shares have been swinging wildly, going from about $17 at the start of the year to $483 last week and then to $90 by the close of Monday's trading. I mean, you can’t now ; now GameStop’s market capitalization is about $13 billion. As recently as October it traded under $10. In … Investor's Business Daily How Much $10,000 Invested This Year In AMC Stock Is … (Reuters) -GameStop Corp on Monday increased the value of new stock it may sell from $100 million to $1 billion, as the U.S. video game retailer seeks to capitalize on a surge in its shares … Like many companies that are in rough shape, GameStop was the subject of what's called short selling, in which professional investors borrow shares … GameStop (GME) closed the most recent trading day at $180.01, moving +1.82% from the previous trading session. GameStop shares climbed rapidly and were halted twice for volatility ahead of the closing bell Wednesday.
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