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2021 financial markets event. In January 2021, a short squeezeof the stockof the American video game retailer GameStopand other securitiestook place, causing major financial consequences for certain hedge fundsand large losses for short sellers. Approximately 140 percent of GameStop's public floathad been sold short, and the rush to buy shares ...
Website. take2games.com. Take-Two Interactive Software, Inc. is an American video game holding company based in New York City founded by Ryan Brant in September 1993. The company owns three major publishing labels, Rockstar Games, Zynga and 2K, which operate internal game development studios.
GameStop stock ( GME) rose nearly 60% on Tuesday, adding to a meme-fueled rally that sent shares of the video game retailer up 74% in the prior session. The rise in GameStop was also accompanied ...
January 30, 2023 at 4:06 PM. U.S. stocks tumbled Monday as investors await a blockbuster week that includes the latest Fed meeting, a flurry of heavyweight earnings reports, and jobs data. The S&P ...
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By January 2021, the company's net value was estimated to be $72 billion based on its stock trading price due to the ongoing demand for video games from the COVID-19 pandemic. [ 63 ] The Public Investment Fund of Saudi Arabia acquired 14.9 million shares of Activision Blizzard, valued at $1.4 billion , in February 2021.
Stocks inched higher on Wednesday amid a shortened week of trading and few major catalysts to drive market action. The S&P 500 ( ^GSPC) neared an all-time high close of 4,796.56 on Wednesday but ...
Rockstar Games. Rockstar Games, Inc. is an American video game publisher based in New York City. The company was established in December 1998 as a subsidiary of Take-Two Interactive, using the assets Take-Two had previously acquired from BMG Interactive. Founding members of the company were Terry Donovan, Gary Foreman, Dan and Sam Houser, and ...