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GameStop short squeeze. In January 2021, a short squeeze of the stock of the American video game retailer GameStop and other securities took place, causing major financial consequences for certain hedge funds and large losses for short sellers. Approximately 140 percent of GameStop's public float had been sold short, and the rush to buy shares ...
GameStop's Australian subsidiary EB Games Australia was the only arm of the global GameStop business not to report huge COVID-related losses, with sales instead soaring by 30 per cent. In Australia COVID-19 lockdowns were managed by the Australian Federal Government National Cabinet which largely permitted retail stores to remain open with ...
(Reuters) - GameStop made nearly $933.4 million by selling 45 million shares, the struggling videogame retailer said on Friday, sending its shares up more than 12% after the bell.
Net sales dropped 29% to $882 million versus analyst estimates of $995.5 million. Wall Street was expecting the quarterly results later this month. The company also filed to sell up to 75 million ...
The stock has since lost 70% of its value up to Friday's close, taking GameStop's market value to $5.82 billion. Earlier this month, GameStop said it expected its first-quarter net sales to drop ...
GameStop: Rise of the Players is a 2022 American documentary film directed by Jonah Tulis and produced by Blake J. Harris, who worked on Console Wars together. Synopsis [ edit ] The documentary chronicles the GameStop short squeeze of 2021 which saw GameStop 's stock rise over 2,500% amidst rampant volatility.
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