gamestop short squeeze
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Digital Game Sales Still Killing GameStop In U.S., Analyst Says
GameStop has reported a staggering 80% year-on-year decline in physical sales, as digital eats up more and more of its market share.
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GameStop Just Made $1.5 Billion Selling Off Its Meme Stock
After circling the drain just a year ago, Gamestop has managed to cash in on its recently skyrocketed meme stock for Scrooge McDuck piles of real cash, pulling in $US1.1 ($1.5) billion dollars.
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GameStop Puts WallStreetBets’ Favourite Rich Guy In Charge Of Figuring Out How To Save It
Just a few weeks ago, it seemed like the GameStop stock frenzy was finally done and dusted. But late last month, it began to rally again and was buoyed this week by the news that former pet food website founder and hero of the WallStreetBets investment subreddit, Ryan “Papa” Cohen, will be put in charge…
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Even The U.S. Justice Department Is Looking Into The GameStop Stock Fiasco
While the dust starts to settle around GameStop’s meme stock phenomenon, investigations into the hedge funds, trading platforms, and the Reddit community that fuelled it are just getting started. Many people have already lost a lot of money, but even more could be on the line if lawmakers and regulatory agencies discover that actual laws…