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PlayStation 5 restocks have been more frequent in the lead-up to Christmas and there are more to come. Here is the latest for Amazon, GameStop, Newegg and more.
During the last session, GameStop Corp. (NYSE:GME)’s traded shares were 2.15 million, with the beta value of the company hitting -1.93. At the end of the trading day, the stock’s price was $144.59, reflecting an intraday loss of -2.69% or -$4.0. The 52-week high for the GME share is $483.00, that puts it down -234.05 … Should GameStop Corp. (NYSE: GME) Revive After A -234.05% Drop From Highs? Read More »

Reddit IPO to test social media platform''s ''meme'' stock hype

02:39pm, Friday, 17'th Dec 2021 The Edge Markets
(Dec 17): Reddit users have helped fuel dozens of "meme" stock rallies this year, from retailer GameStop Corp to movie operator AMC Entertainment Holdings Inc. Some analysts are skeptical this will be the social media platform''s saving grace, as it prepares to sell its own shares in the stock market. The San Francisco-based company filed confidentially this week with US regulators for an initial public offering (IPO). It is aiming for a valuation of at least US$15 billion, Reuters reported in September.
Shoppers can now use a variety of cryptocurrency to buy merchandise from GameStop. Continue reading Dogecoin (DOGE), Shiba Inu (SHIB), and Decentraland (MANA) Now Available on GameStop at DailyCoin.com.
State of Michigan Retirement System acquired a new position in shares of GameStop Corp. (NYSE:GME) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 15,600 shares of the companys stock, valued at approximately $2,737,000. Other hedge funds have also bought and sold shares of the company. Morgan []
GameStop, however, receives immediate payments in the U.S. dollar instead of crypto

WallStreetBets users plot to pump up Reddit shares like GameStop

08:55pm, Thursday, 16'th Dec 2021 Daily Mail Online
On Reddit thread WallStreetBets, which became notorious over the GameStop saga in Janaury, some users joked about potentially pumping the Reddit offering when it became available.
Photo by Vjeran Pavic / The Verge GameStop has announced a special in-store sales event for the hard-to-get Sony PlayStation 5 console, taking place on December 17th. The restock event requires a subscription to GameStops Pro membership which normally runs $14.99 per year but is currently discounted to $9.99 once added to your cart. GameStop lists all its participating retail locations on its site, which spans over 700 stores across the US. While this event is being hosted at many locations, GameStop has indicated that quantities will be limited. Despite launching over one year ago, Sonys PlayStation 5 is still very difficult to buy. If you have been struggling to luck out on recent online console restocks from GameStop, Best Buy, Walmart, or other vendors, this may Continue reading
In financial markets price levels that were previously support can convert into resistance. Thats why the GameStop Corp. (N

Reddit gets ready to go public with an IPO

09:18am, Thursday, 16'th Dec 2021 SiliconRepublic
Valued at $10bn, Reddit has seen significant growth since its users took on hedge funds in the GameStop incident earlier this year. The post Reddit gets ready to go public with an IPO appeared first on Silicon Republic .

Meme stock pumper Reddit primed for IPO

06:09am, Thursday, 16'th Dec 2021 The West Australian
Reddit saw a surge of interest this year after a forum on the site, WallStreetBets, jolted the stock market, whipsawing the prices of GameStop Corp., AMC Entertainment Holdings Inc. and silver.
GameStop is offering lowered prices for the PlayStation 4, Xbox One, PlayStation 5, and Xbox Series X versions of first-person shooter Call of Duty: Vanguard.

Bear Of The Day: GameStop (GME)

01:31pm, Wednesday, 15'th Dec 2021 FXNews24
GameStop GME, the meme stock of the year, failed to unveil the systemic restructuring plans that overzealous traders & investors were hoping for in its latest quarterly report, which drove more bearish calls in the stock, pushing GME into a Zacks Rank #5 (Strong Sell) The r/WallStreetBets Revolution The rise of r/WallStreetBets (WSB) and their [] The post Bear Of The Day: GameStop (GME) appeared first on UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News .

AMC, GME have seen the apex of their interest: strategist

09:18pm, Tuesday, 14'th Dec 2021 Bitcoin Ethereum News
The post AMC, GME have seen the apex of their interest: strategist appeared on BitcoinEthereumNews.com . GameStop (GME) and AMC (AMC) climbed into green territory on Tuesday after opening lower, as the overall meme stock group has slumped recently. GameStop shares closed 8% higher while AMC
Shares of meme stocks GameStop Corp. (NYSE: GME ) and AMC Entertainment Holdings Inc (NYSE: AMC ) rebounded slightly on Tuesday after taking a beating over the last week . The mantra for their cult following of investors throughout 2021 has been to have diamond hands and buy the dip, but DataTrek Research co-founder Nicholas Colas said Tuesday that buying the dip in AMC and GameStop could be a costly mistake. What Is Tax Loss Selling? Even after modest gains on Tuesday morning, AMC shares are still down 22% and GameStop shares are down 18% in the last five days. Colas said tax loss selling is likely one of the main culprits driving the sell-off. American traders are allowed to offset 2021 capital gains with capital losses on their 2021 Full story available on Benzinga.com
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