Adding to yesterday’s news story, we’re now receiving several reports that Ghostbusters: The Video Game Remastered’s upcoming retail release be a Gamestop exclusive in the US. The above is an image directly from the Gamestop’s POS that clearly lists “GS Exc” which typically is short for Gamestop Exclusive. As previously mentioned, the game has been […]
Tag Archives: United States
Texas and New York are investigating the trading platforms where many of GameStop’s investors are buying their shares. The states are demanding records on user restrictions from the trading app, Robinhood, and several online brokerages. Those companies blocked users on Thursday from trading GameStop and several other retail securities. “The US economy should be transparent, […]
The U.S. securities watchdog is looking into the affair of Robinhood and the Redditors. At least in so many words. The Securities and Exchange Commission made a joint statement on Friday expressing concern over the “extreme price volatility of certain stocks’ trading prices over the past several days.” Though the commission did using the words […]
GameStop shares have been on a frenzied tear, trading like companies multiples its size. On Wednesday, shares of GameStop GME, +125.26% shares rose 141%, pushing the company’s market value to an eye-popping $25 billion from a little over $1 billion at the start of the month and $10 billion at the end of Tuesday’s action. […]
In the past few weeks, investors have bid up the share prices of companies such as GameStop Corp. and AMC Entertainment Holdings Inc., as short sellers have bet against them. Here is an analysis of the challenges and prospects for these businesses. GameStop is trying to survive a yearslong erosion of its business, which has […]
By Reuters Staff 1 Min Read FILE PHOTO: A GameStop store is pictured in the Manhattan borough of New York City, New York, U.S., January 29, 2021. REUTERS/Carlo Allegri/File Photo (Reuters) – Shares of videogame retailer GameStop Corp resumed trading on the New York Stock Exchange after being briefly halted following a 42% slump when […]
Getting your hands on a Nintendo Switch system isn’t as straightforward as you might hope in the US at the moment, with stock issues at a number of major retailers hinting at wider distribution struggles. Well-known stores such as Amazon, Target, GameStop, and Best Buy have been struggling to keep up with demand both online […]
By Reuters Staff 1 Min Read FILE PHOTO: House Financial Services Committee Chairwoman Maxine Waters (D-CA) attends a House Financial Services Committee hearing on “Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response” in the Rayburn House Office Building in Washington, U.S., December 2, 2020. Greg Nash/Pool via REUTERS WASHINGTON (Reuters) – U.S. House […]
By Reuters Staff 1 Min Read FILE PHOTO: A GameStop sign is pictured in Pasadena, California March 27, 2013. REUTERS/Mario Anzuoni (UNITED STATES)/File Photo NEW YORK (Reuters) – Short interest in GameStop Corp, whose shares have skyrocketed this week, is at $11.2 billion, making it the third most shorted stock by value, although the number […]
For 10 months, GameStop was a depressing emblem of the Covid-era economy—many of its stores sat closed or empty, dust gathering on out-of-date game discs that had been supplanted by digital alternatives. It has closed about 1,000 outlets since the start of 2019. Then, for the past three weeks, it became the center of a […]