began advocating for buying stock in the ailing video game retailer. In the last two weeks alone, GameStop stock has leapt by nearly 1,000% — from about $30 to over $325 per unit as of Wednesday afternoon. Here are the four reasons why Redditors are sending GameStop "to the moon":
But in the second half of 2020, with big financial names like Michael Burry and Ryan Cohen buying up shares in the ailing retailer, and new game consoles from Sony's PlayStation and Microsoft's Xbox, things started looking up. The company's share value gradually increased until it outright surpassed its pre-collapse value in late 2020.
Reason 1. Good future prospects. Reason 2. Turns out shorted to high heaven, Bonus. That was how it started, that was how it finished.
No, this article got it all wrong. Big hedge funds have been manipulating the stock mark since the beginning with almost no consequences. WSB is random people, there’s no organization at all. Poor people start making money off the rich so they immediately squash it. $GME to $1000
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside the meteoric rise of Jon Gray at private-equity giant Blackstone - Business InsiderJon Gray is the future of Blackstone. 50 insiders reveal how the superinvestor consolidated power, elbowed out rivals, and is remaking the firm in his golden-boy image. horrible Check out this, gonna be the next dogecoin
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside Exxon Mobil's 'God Pod' - Business InsiderBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »
How a quest to build ethical AI detonated a battle inside Google - Business InsiderGoogle employees consider jumping ship for Facebook and Microsoft after firings, reorgs and mounting tension in its AI division Google/YouTube are crooks. They stole my 9/11 video. They disrespect 9 /11 survivors. 911TribMuseum techinsider not sure they're going to be satisfied with the state of ethical AI at FB techinsider Jumping ship? That is really funny. They must be reading the stuff I write? And it is also the reason why sundar is in charge - gummy and slopey made a huge devious mess then jumped ship.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside the ultra-premium aircraft Singapore Airlines is using for world's longest flight - Business InsiderThe new world's longest flight is getting an upgrade as Singapore Airlines builds back up in the US — see inside the luxurious plane
Source: BusinessInsider - 🏆 729. / 51 Read more »