Shares of gaming merchandise retailer GameStop reached record highs on Monday due to a crush on short-sellers. The company's stocks skyrocketed by 130% with shares hitting a value of $100 by mid-session on Monday. This unparalleled surge emerged as the result of a massive short squeeze on the stock, whereby...
GameStop shares rallied by a colossal 92% at the time of Tuesday's close, resulting in a record price tag of $147.98 per share. The gaming merchandise retail chain now has a market cap of over $10 billion. The beginning of this surge could be traced back to last week's clash...
Small investors that hail from India have recently taken advantage of the frenzy surrounding GameStop and its shares. They've jumped on the opportunity, which is why GameStop is the most commonly traded stock in certain Indian brokerages. Ever since January 12th, GameStop shares have gone up a whopping 1,700%. This...
After what was a tumultuous week of trading due to the GameStop short squeeze, U.S. stock indexes made a steady recovery on Tuesday morning. The Dow Jones rose by more than 350 points (approximately 1.2%), while the Nasdaq and S&P 500 indexes added 1% each. After silver prices skyrocketed to...