Category: GameStop
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Investors Push GameStop CEO To Consider $5 Billion Bitcoin Reserve Strategy
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The CEO of Gamestop Ryan Cohen confirmed via the X social media platform that he had received a suggestion from Strive Asset Management that defends the company to adopt Bitcoin (BTC) as a backup asset. The letter, dated February 24, determines a convincing case for Gamestop to take advantage of…
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Gamestop CEO Fuels Bitcoin Rumor: $4.6 Billion Buy Incoming?
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This article is also available in Spanish. In the development of the effects of speculation in the Bitcoin community, the CEO of Gamestop Ryan Cohen, for the first time in nearly four years, followed a second account on X. Bitcoin added to its follow -up list. This comes in the…
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Gamestop CEO Fuels Bitcoin Rumor: $4.6 Billion Buy Incoming?
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This article is also available in Spanish. In the development of the effects of speculation in the Bitcoin community, the CEO of Gamestop Ryan Cohen, for the first time in nearly four years, followed a second account on X. Bitcoin added to its follow -up list. This comes in the…
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Will GameStop Buy Bitcoin? Cohen And Saylor Fuel Rumors
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In a move that sparked continuous speculation within the Bitcoin community, Gamestop CEO Ryan Cohen met with the former CEO of Microstrategy on Saturday. Cohen then shared a photo of X photographed alongside Silor – without providing any additional context. The post again raised rumors that Gamestop could consider Bitcoin…
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GameStop reports third-quarter profit on spending cuts
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Written by Zaheer Kachwala (Reuters) – GameStop reported third-quarter earnings on Tuesday as the video game retailer ramped up cost-saving efforts, including closing stores and selling higher-margin merchandise. CEO Ryan Cohen told investors in June that the company would operate with a “smaller network and greater value-added elements” as part…
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Watch These GameStop Price Levels After ‘Roaring Kitty’ Post Ahead of Earnings Report
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Source: TradingView.com GameStop shares will likely remain in the spotlight on Monday ahead of the video game retailer’s eagerly anticipated earnings report on Tuesday and recent meme-based trading activity. The stock price formed a bullish engulfing pattern after a slight decline in above-average trading volume. Investors should monitor key general…
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FTC slaps GameStop CEO with $1 million fine over Wells Fargo shares
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Gamestop Corp. CEO Ryan Cohen is set to pay a nearly $1 million fine for allegedly violating antitrust law by acquiring shares in Wells Fargo & Co. Cohen failed to file a form he was required to submit to antitrust agencies under the Hart-Scott-Rodino Act after his purchases of Wells…
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GameStop slumps premarket after video game retailer says it will issue new shares By Investing.com
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GameStop (NYSE:) shares fell more than 9% in premarket trading in the United States after the video game retailer said it would issue more shares despite reporting a decline in second-quarter revenue. The company, which became known as a focal point of the “meme stock” craze at the start of…
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‘Roaring Kitty’ Sued Over Alleged GameStop ‘Pump and Dump’
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(Bloomberg) — Popular stock influencer Keith Gill, known as “Roaring Kitty,” has been sued for orchestrating a “pump and dump” scheme involving GameStop Corp. shares. Most Read from Bloomberg Gill, who famously promoted GameStop during the meme trading wave of 2021, resurfaced in May and once again began posting about…
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GameStop shares tumble after CEO says store network will shrink By Reuters
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Written by Susan McGee and Priyanka J (Reuters) – GameStop (NYSE:) shares fell on Monday after CEO Ryan Cohen told investors that the video game retailer plans to operate a smaller network of stores, but did not provide details about what it intends to do with its pile of cash.…
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GameStop stock tanks 15% during shareholder meeting as few details on strategy emerge
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GameStop (GME) stock fell as much as 15% during the struggling video game retailer’s annual shareholder meeting on Monday as the company provided few details about its strategy moving forward. Chairman and CEO Ryan Cohen spoke briefly during the upcoming meeting, emphasizing the company’s focus on achieving profitability. “In terms…
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GameStop Calls ‘Roaring Kitty’ Claimed to Own See Trading Flurry as Shares Dive
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(Bloomberg) — GameStop Corp. names Keith Gill — known online as “Roaring Kitty” — allegedly holding huge trading volumes late Wednesday as company shares fell in the final stretch of trading. Most read from Bloomberg The $20 GameStop calls expiring June 21 were traded 93,266 times, with most of that…
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GameStop Raises $2.14 Billion on Back of Roaring Kitty-Led Rally
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(Bloomberg) — GameStop Corp. raised nearly $2.14 billion from a stock selling program as it benefited from a stock rally after Keith Gill raised shares following his return to YouTube. Most read from Bloomberg The video game retailer has now raised more than $3 billion over the past month through…
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GameStop Should Buy Bitcoin Says Scaramucci, RoaringKitty Streams For the First Time in years
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GameStop and its stock price have been a talking point for many traditional cryptocurrency-focused finance communities over the past few days — and not without reason. The price of GME saw huge swings this week, rising 130% and falling 55% shortly after. Many financial experts have shared opinions, one of…
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Short-seller Andrew Left is betting against GameStop again, undaunted by his 100% loss last time
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Andrew Left, founder of Citron Research, is selling GameStop again, arguing that the stock is “overvalued” after its recent meteoric rise. The veteran short-seller got burned on his first bet against the stock traders’ favorite company in 2021, and eventually closed his short position at a 100% loss and stopped…
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Renaissance Technologies bought GameStop, AMC shares, filing says
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NEW YORK (Reuters) – Hedge fund Renaissance Technologies added a new long position in GameStop and significantly increased its position in AMC Entertainment during the first quarter, putting it in a position to profit from the meme stock mania sweeping the U.S. stock market this week. Renaissance added 1,004,958 shares…
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GameStop stock soars over 70% as ‘Roaring Kitty’ revival reignites meme-stock bonanza
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GameStop (GME) stock rose as much as 110% on Monday before paring gains, stalling on volatility several times after “Roaring Kitty,” the one seen as the start of the meme stock craze during the pandemic. to publish Online for the first time since 2021. The stock topped $30 a share…
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GameStop Stock And Wolverine Memecoins Explode As Roaring Kitty Returns To The Spotlight
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GameStop, the video game retailer that took Wall Street by storm in 2021, is once again the talk of the town with its stock price soaring 100%. Fueling this rise is the return of social media influencer Keith “Roaring Kitty” Gill. After a long pause, Roaring Kitty Recent activity On…
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GameStop Stock And Wolverine Memecoins Explode As Roaring Kitty Returns To The Spotlight
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GameStop, the video game retailer that took Wall Street by storm in 2021, is once again the talk of the town with its stock price soaring 100%. Fueling this rise is the return of social media influencer Keith “Roaring Kitty” Gill. After a long pause, Roaring Kitty Recent activity On…