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The stock has since lost 70% of its value up to Friday's close, taking GameStop's market value to $5.82 billion. Earlier this month, GameStop said it expected its first-quarter net sales to drop ...
GameStop's Australian subsidiary EB Games Australia was the only arm of the global GameStop business not to report huge COVID-related losses, with sales instead soaring by 30 per cent. In Australia COVID-19 lockdowns were managed by the Australian Federal Government National Cabinet which largely permitted retail stores to remain open with ...
GameStop's quarterly sales fell sharply from the year-earlier period, according to its most recent earnings report. GameStop's move to sell stock coincided with a similar move by fellow meme stock ...
GameStop stock ( GME) rose nearly 60% on Tuesday, adding to a meme-fueled rally that sent shares of the video game retailer up 74% in the prior session. The rise in GameStop was also accompanied ...
GameStop. EB Games (formerly known as Electronics Boutique and EB World) was an American computer and video games retailer. First established as an American company in 1977 by James Kim [1] with a single electronics-focused location in the King of Prussia mall near Philadelphia, the company later grew into an international corporation. EB Games ...
GameStop short squeeze. In January 2021, a short squeeze of the stock of the American video game retailer GameStop and other securities took place, causing major financial consequences for certain hedge funds and large losses for short sellers. Approximately 140 percent of GameStop's public float had been sold short, and the rush to buy shares ...
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