Gamestop Stock News

Oleksandr Gereskul knows war is hell, and he''s asking fellow retail investors in GameStop on Reddit to support his fight to defend his hometown of Odessa.

Biltmore Films released Thursday a new documentary featuring GameStop Corp (NYSE: GME ) and the retail trading frenzy that surrounded the video game retailer''s stock at the beginning of 2021. What To Know: "Gaming Wall Street" is exclusively available on AT&T Inc''s (NYSE: T ) HBO Max. The two-part documentary, directed by Tobias Deml , focuses on the events that created a massive short squeeze in GameStop''s stock and brought retail traders together in a fight against financial institutions. According to a TV Guide review , the two episodes are "wildly different." The first focuses on Reddit''s r/wallstreetbets community where the retail movement originated. The word going around was that a bunch of traders were coming together to stick it to … Full story available on Benzinga.com

A rival retailer said demand fell in the video gaming niche over the holiday season.

An unconfirmed code exploit on the Marketplace from TreasureDAO has allegedly caused tens of Smol Brains NFTs to be sold for zero cost. Reports emerged on Mar. 3 of an exploit discovered on the TreasureDAO Marketplace NFT trading platform that allows a user to buy items at zero cost no matter the listing price or floor price of the collection. Security specialist for Metamask and MyCrypo harry.eth tweeted on Mar. 3 around 1 am UTC, confirming that there is a flaw in the code on Marketplace which allows a user to purchase nonfungible tokens ( NFTs ) for 0 MAGIC. At least 28 Smol Brains and Smol Brains Land NFTs appear to have been taken using this exploit so far at the time of writing. Yah, quantity here is 0… still emits all the data for block explorers and other sites to show a sell... There''s no checks on buyItem() to ensure quantity > 0 So price emitted is pricePerItem * 0 = 0 MAGIC Still investigating... pic.twitter.com/c4u85iQO9C — harry.eth (@sniko_) March 3, 2022 The TreasureDAO team has not yet responded to a request to confirm or deny that there is an issue with the Marketplace.

GAMERS can now snag an Xbox Series S for the cheapest price it has ever been. Gamers can now get a $50 discount on an Xbox Series S if they head to Woot. The popular console, which is listed for $300 on Microsoft, GameStop, and major video game retailers, is currently going for $250 – that’s a […]

InvestorPlace - Stock Market News, Stock Advice & Trading Tips GameStop needs stellar quarterly results before GME stock rebounds. GME stock is dependent on GameStop producing positive free cash flow or even a lower cash burn rate than last quarter. The post GameStop Needs Stellar Quarterly Results Before GME Stock Rebounds appeared first on InvestorPlace . More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.” Get in Now on Tiny $3 ‘Forever Battery’ Stock Interested in Crypto? Read This First…

Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web and uses the Benzinga Pro platform to illustrate recent news items possibly impacting those stocks. The data on the trending tickers is compiled from a list of most-discussed tickers on the popular Reddit forum WallStreetBets. VanEck Russia ETF (BATS: RSX ) The VanEck Russia ETF fell 25% in premarket trading Monday as the conflict in Ukraine led to new U.S. sanctions against Russia. The RSX fund is designed to track the MVIS Russia Index, which includes the largest and most liquid companies in Russia. Palantir Technologies (NYSE: PLTR ) Shares of Palantir slipped 3.04% to $11.47 Friday in what proved to be an all-around great trading session for the stock market. The stock is trading 2.27% higher in Monday’s premarket session. GameStop (NYSE: GME ) The Securities and Exchange Commission proposed new rules Friday that would expand reporting of short sale positions. The agency said it aims to gain better insight into market conditions like the January 2021 …

A whale with a lot of money to spend has taken a noticeably bearish stance on GameStop . Looking at options history for GameStop (NYSE: GME ) we detected 72 strange trades. If we consider the specifics of each trade, it is accurate to state that 34% of the investors opened trades with bullish expectations and 65% with bearish. From the overall spotted trades, 21 are puts, for a total amount of $1,397,307 and 51, calls, for a total amount of $2,886,050. What''s The Price Target? Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price … Full story available on Benzinga.com

GameStop (NYSE: GME ) has outperformed the market over the past 15 years by 2.77% on an annualized basis. Buying $100 In GME: 15 years ago, an investor could have purchased 3.90 shares of GameStop at the time with $100. This investment in GME would have produced … Full story available on Benzinga.com

Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks. The data on the trending tickers is compiled from a list of most-discussed tickers on the popular Reddit forum WallStreetBets. GameStop (NYSE: GME ) shares rallied 8.45% to $124.58 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.5% and the Dow Jones Industrial Average rising 0.28%. Tesla (NASDAQ: TSLA ) The Securities and Exchange Commission is investigating whether recent stock sales by CEO Elon Musk and his brother Kimbal Musk, who sits on Tesla’s board of directors, violated insider trading rules. Advanced Micro Devices (NASDAQ: AMD ) shares inched higher after the chip … Full story available on Benzinga.com

Traders in GameStop and AMC shares see trouble at Melvin Capital and Putin''s aggression as more signals that the Mother of All Short Squeezes may be imminent.

In one of the most volatile episodes in stock market history, investors early last year took the shares of a company called GameStop ( GME ) on a wild ride that few would have expected for a business that''s mostly a brick-and-mortar antique, the gaming version of a chain of video stores. Its shares went on an adventure that echoed the characteristics of the video games on its shelves: fantasy, violence and a romantic quest for justice and vengeance. SEE MORE The 12 Best Tech Stocks to Buy for 2022 In real life, however, GameStop has had a lousy year, losing money once again. But the rest of the gaming sector has taken up the mantle. It''s booming, becoming the backbone of the metaverse , a three-dimensional online environment that is likely the "next big thing" in consumer technology. In 2020, partly because the pandemic kept Americans indoors, gaming revenues exceeded those of movies and sports events combined. Global gaming sales in 2021 are estimated at $178 billion and projected to rise to $269 billion by 2025.

Gamestop Corporation''s (NYSE: GME ) short percent of float has risen 10.95% since its last report. The company recently reported that it has 9.38 million shares sold short , which is 14.89% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.3 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price … Full story available on Benzinga.com

Hedge fund Citadel LLC, which gave Melvin Capital Management about $2B when it was struggling from its short bet on GameStop (GME) last January, is again paring its investment in…

GameStop was one of last year''s most thrilling investment stories. But there''s no reason to still be involved with GME stock today.