Gamestop stock reddit 2021 60 on the New York Stock Exchange on 29 January 2021.

Gamestop stock reddit 2021. Jan 30, 2021 · How a Reddit forum of amateur traders caused a historic short squeeze in GameStop and other heavily shorted stocks in January 2021. No one could have anticipated that a struggling video game retailer would be at the center of a next-level frenzy in the stock market that captivated the world, brought hedge Since many of the people who were following the short squeegee unfolding with GameStop are also into crypto, my Twitter feed, which I curated for crypto knowledge, was bringing awareness of the GameStop situation to me. While the Redditors of r/WallStreetBets are buying options, GameStop shorts are getting squeezed, and some big Wall Street firms are Feb 9, 2021 · This chart shows the share price of video game retailer GameStop in January and February 2021. But GME has fewer shares than amazon, and so if GameStop were to have the same market cap as Amazon, the share price of GME would need to be about $22,000. Feb 13, 2021 · The GameStop saga. However, a wave of amateur investors, particularly from the Reddit community r/wallstreetbets . Jan 27, 2021 · In the case of GameStop and other stocks targeted by WSB, traders keep buying options, forcing the investors selling those options to hedge their bets by buying up GameStop stock. May 13, 2024 · An army of traders on the Reddit forum r/WallStreetBets helped drive a meteoric rise in GameStop’s stock price in recent days, forcing halts in trading and causing a major headache for the short Sep 1, 2023 · January 2021 saw one of the most notorious short squeezes in market history as Reddit's army of retail investors took on hedge funds to drive struggling retailer GameStop's stock price sky-high. What’s a short? Users of r/NoStupidQuestions subreddit ask and answer questions about the Gamestop stock phenomenon in 2021, when some investors made huge profits from short selling. 42 on 28 January. The frenzy has gotten the attention of regulators and lawmakers. They explain the mechanics, the factors, and the controversies of the situation. Jan 27, 2021 · GameStop shares have soared 1,700 percent as millions of small investors, egged on by social media, employ a classic Wall Street tactic to put the squeeze — on Wall Street. 00 the next day, peaking at $469. 60 on the New York Stock Exchange on 29 January 2021. This event arose when professional investors engaged in short selling, a strategy predicated on the belief that GameStop's stock would decline in value. The GameStop short squeeze was a significant stock market event that occurred primarily in early 2021, focused on the video game retailer GameStop. Jan 29, 2021 · A meteoric rise in the share price of GameStop has trained the eyes of stock market watchers on a fast-growing Reddit discussion board called Wallstreetbets, where it appears that 20-somethings Jan 30, 2021 · GameStop mania took Wall Street by storm, thanks to a legion of retail traders glued to the WallStreetBets message board on Reddit. See the timeline of events, the impact on Wall Street and the backlash against Robinhood. Jan 30, 2021 · On 26 January this year, the stock closed at $145. GameStop shares have skyrocketed 1,200% since mid-January, when members of the Reddit forum r/wallstreetbets Jan 27, 2021 · The GameStop chaos is what happens when a stock becomes a meme. Jan 27, 2021 · The absurd, sudden leap in GameStop stock value has nothing to do with game consoles. Sep 1, 2023 · January 2021 saw one of the most notorious short squeezes in market history as Reddit's army of retail investors took on hedge funds to drive struggling retailer GameStop's stock price sky-high. Jan 27, 2021 · An army of amateur traders loosely organizing on Reddit have shaken up preconceived notions about the stock market as they fueled the meteoric rise of GameStop stock. Jan 28, 2021 · GameStop has seen its stock soar, driven higher by a group of amateur day traders on Reddit, who are taking on Wall Street hedge funds. GameStop closed at $193. 60, then increased to $345. I began following the activity, which led me to Reddit, where I found a community of people talking about the GameStop stock. So it is important to note that one stock trading for $200 is not the same as another stock trading at the same price, if they have a different number of shares. We would like to show you a description here but the site won’t allow us. onxv cgxxjsv tuqhl ksyxe urpuhay sbtzhx orks vzuld asjybvu xbsjqiq