The climb one day after the video-game retailer scored a 57.4% gain and closed at its highest point since August 2016.
GameStop's rally is likely to force many of the remaining short-sellers to close their positions, Ihor Dusaniwsky of S3 Partners said.
Until a few days ago, Beyond Meat stock looked like it was on the path to bankruptcy. Plunging sales had pushed share prices into penny stock territory, and investors had long soured on the stock as ...
GameStop was once the go-to destination for video games. Then it was the archetypal “meme stock” in 2021, when a band of Reddit-reading retail investors thwarted hedge funds’ shorts on the company ...
Meme stock GameStop is rallying again on speculation Keith Gill, the man who inspired 2021′s epic short squeeze, could currently have a huge position in the video game retailer. Gill, who goes by ...
・Burry first invested in GameStop in 2018, pushing for buybacks and board changes while betting on undervaluation, cash flow, and potential corporate catalysts. ・He rebuilt a nearly 5% stake in 2019 ...
Beyond Meat's short squeeze happened after a massive share issuance. Until a few days ago, Beyond Meat stock looked like it was on the path to bankruptcy. Plunging sales had pushed share prices into ...