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    • January 2021

      • In January 2021, a short squeeze of the stock of the American video game retailer GameStop and other securities took place, causing major financial consequences for certain hedge funds and large losses for short sellers.
      en.wikipedia.org › wiki › GameStop_short_squeeze

      GameStop short squeeze - Wikipedia

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  3. www.forbes.com › sites › jonathanponcianoGameStop Crash Wipes Out $5 Billion In Market Value ... - Forbes

    Mar 24, 2021 · Key Facts. Shares of GameStop plunged 32% Wednesday after lukewarm earnings that met analysts' expectations, wiping out more than $4.5 billion from the firm's market capitalization, which ended...

  4. en.wikipedia.org › wiki › GameStop_short_squeezeGameStop short squeeze - Wikipedia

    GameStop short squeeze. In January 2021, a short squeeze of the stock of the American video game retailer GameStop and other securities took place, causing major financial consequences for certain hedge funds and large losses for short sellers. Approximately 140 percent of GameStop's public float had been sold short, and the rush to buy shares ...

  5. abcnews.go.com › Business › gamestop-timeline-closerGameStop timeline: A closer look at the saga that upended ...

    Feb 13, 2021 · GameStop shares plunged nearly 20% the next day, closing on Dec. 9 at $13.66 a share. Jan. 11, 2021: GameStop appoints 3 new directors to its board, including co-founder of e-commerce giant Chewy. GameStop announced in early January that it was appointing three new directors -- Alan Attal, Ryan Cohen and Jim Grube -- to its board.

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  7. www.bbc.com › news › technology-56357526Why the GameStop story is far from over - BBC

    Mar 12, 2021 · 12 March 2021. By James Clayton,North America technology reporter. Reuters. GameStop's shares slumped by 40% in 25 minutes on Wednesday, after a few days of frenetic growth. Earlier that day...

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  8. www.marketwatch.com › story › gamestop-stock-soaredGameStop stock soared, then fell all the way back down, in ...

    Oct 31, 2022 · Something strange happened to GameStop Corp. GME, +7.58% stock on Monday. Minutes after the opening bell rang out on the New York Stock Exchange, both the price of the company’s shares and...

  9. www.marketwatch.com › story › gamestops-demise-couldGameStop’s demise could come later this decade, analyst says

    Mar 27, 2024 · Spencer Platt/Getty Images. Referenced Symbols. GME. -2.43% SPX. +1.11% GameStop Corp., which reported a significant sales decline its fourth-quarter results late Tuesday, could meet its demise...

  10. english.elpais.com › economy-and-business › 2023-10What happened to GameStop, the company that made Wall Street ...

    Oct 6, 2023 · GameStop’s sales were $5.927 billion for the year ended January 28, a decline of just 1.4%. The company is worth more than $4.4 billion on the stock market. The bet on its collapse was hasty and there were arguments that it was undervalued in 2021, when the fever of small investors broke out and the phenomenon of meme shares, driven by social ...

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