-
A Hedge Fund Bet In Favor Of GameStop And Made Away With $700M In Reddit-Fueled Rally
Thursday, February 4, 2021 - 12:56am | 550Read More...Richard Mashaal and Brian Gonic’s hedgefund Senvest Management LLC made $700 million in the WallStreetBets-fueled rally in GameStop Corp (NYSE: GME), the Wall Street Journal reported Wednesday. What Happened: The two started buying the shares of the video game retailed in September and...
-
GameStop Creates CTO Position, Hires Former Amazon, Chewy Execs
Wednesday, February 3, 2021 - 11:01am | 317Read More...GameStop Corp. (NYSE: GME) announced Wednesday Matt Francis will serve as the company's first-ever chief technology officer. Who Is Francis? Francis was appointed to GameStop's newly-created role and he brings more than decades worth of experience in e-commerce and consumer...
-
'This Is Not The Market Participant's Problem': Volatility Arbitrage Trader Talks GameStop, Market Microstructure, Regulation
Monday, February 1, 2021 - 6:13pm | 1560Read More...In 2019, former financial professional Keith Gill, who goes by “Roaring Kitty” on Reddit, began a movement that pushed GameStop Corporation’s (NYSE: GME) stock price as high as $513.12 in premarket trade Jan. 28, after which numerous brokers made the controversial decision to...
-
Who Are The GameStop Winners? Ryan Cohen, 'Roaring Kitty' And Others Who've Made A Fortune
Thursday, January 28, 2021 - 6:25pm | 581Read More...GameStop Corp. (NYSE: GME) shares dropped 44% on Thursday after Robinhood and other major trading platforms restricted users from buying the stock, outraging the retail trading community and triggering at least one lawsuit. It remains to be seen what's next, but plenty of investors have already...
-
Fintech Focus For January 27, 2021
Tuesday, January 26, 2021 - 8:57pm | 2806Read More...Quote To Start The Day: October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February. Source: Mark Twain One Big Thing In Fintech: Greenwood Financial, a new challenger bank...
-
GameStop Shares Rally On Holiday Sales, Board Reshuffle
Monday, January 11, 2021 - 5:47pm | 380Read More...Gaming retailer GameStop Corp. (NYSE: GME) saw a rally Monday on its holiday sales and changes to the Board of Directors. Holiday Sales: The nine-week holiday season saw revenue of $1.77 billion for GameStop, down 3.1% year-over-year. Same-store sales were up 4.8% over the nine-week period coming...
-
Ryan Cohen Blasts GameStop Board As Reboot Talks Fall Apart, Says CEO Stuck In 20th Century Mindset
Tuesday, November 17, 2020 - 1:51am | 552Read More...Ryan Cohen's RC Ventures LLC is calling for a strategic review of video game and consumer electronics retailer GameStop Corp's (NYSE: GME) business model, the Wall Street Journal reported late Monday. The investment firm is one of the largest stakeholders in GameStop...
-
PlayStation 5, New Xbox Are Headwinds For GameStop: BofA
Monday, October 26, 2020 - 2:11pm | 476Read More...GameStop shares have are up 219% in the last six months, but one analyst thinks the gains will be short-lived. The GameStop Analyst: BofA Securities analyst Curtis Nagle reiterated an Underperform rating on GameStop Corp (NYSE: GME) with a $1.60 price target. The GameStop Takeaways: NThe...
-
GameStop Shares Get Another Boost From Hedge Fund Stake After Microsoft Partnership
Wednesday, October 14, 2020 - 3:12am | 342Read More...GameStop Corp (NYSE: GME) stock surged 5.89% in Tuesday’s after-market trading session. GME stock has risen 28% since last Wednesday, and its year-to-date gains are close to 88%. What Happened: On Tuesday, in a filing with the U.S. Securities and Exchange Commission, the...
-
Chewy's Ryan Cohen Sees GameStop Rivaling Amazon Long-Term
Tuesday, September 22, 2020 - 1:38am | 412Read More...GameStop Corp (NYSE: GME) could be extending its e-commerce line beyond video games and related consumer electronics products if a plan put in motion by its largest individual investor is realized. What Happened: RC Ventures founder Ryan Cohen is in talks with the company...










