GameStop retail frenzy ‘is a very poor way to stick it to the man': Interactive Brokers strategist. The wild GameStop ride that began more than a week ago has taken a devastating turn. With 5000 stores, GameStop is basically a brick-and-mortar video game retailer. In August, pet ecommerce company Chewy.com’s co-founder Ryan Cohen bought 10% shares of GameStop, and brought two colleagues on the board . And though the share price dipped on Monday, Feb. 1, by more than 30%, many Reddit users say they're buying more GameStop stock, convinced it'll rocket even higher. Stock analysis for GameStop Corp (GME:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Pachter’s price target for the retailer is $16 a share. The plunge pushed GameStop’s share price down to about $144 per share, a day after closing at $225 per share. Shares of GameStop () soared more than 1,600% in January, even though the outlook for the video game retailer continues to look grim in what's become a more digital world for gamers. Rich Duprey | Feb 1, 2021. I f you find trading bitcoin insufficiently hair-raising, try GameStop.It is the Texas-based video games retailer that will be hard to out-do as the stock market story of 2021. GME | Complete GameStop Corp. Cl A stock news by MarketWatch. Its share prices hovered around $3-$4 last year. “The sudden, sharp surge in GameStop’s share price and valuation likely has been fueled by a … The price had been as low as $6 at points last year and GameStop is not forecast to make a profit until at least 2023. Price as of February 1, 2021, 9:00 p.m. EST View Interactive GME Charts. Read more: How Reddit users grew GameStop’s stock tenfold fighting Wall Street GameStop share price in revolution of our times. International Business News: Over the past week, a collective of individual traders on Reddit’s r/WallStreetBets community sent GameStop … The video game retailer’s stock prices sat back up at $360 per share, as non-corporate traders returned a day after online brokerage apps, including Robinhood, imposed buying restrictions. COVID-19 pandemic has led to unprecedented lockdowns in various US cities, thereby affecting GameStop share price. The company is headquartered in Grapevine, … View real-time stock prices and stock quotes for a full financial overview. GameStop share price hits dizzying heights as WallStreetBets Reddit users refuse to back down. In such bets, called "short sales," investors borrow a share and sell it in hopes of buying it back later at a lower price and pocketing the difference. GameStop Corp. is an American video game, consumer electronics, and gaming merchandise retailer. Find the latest GameStop Corporation (GME) stock quote, history, news and other vital information to help you with your stock trading and investing. After peaking at a share price of $483 last week and holding reasonably steady through a … GameStop's stock sat well below the $10 mark for most of 2020 until August, when Chewy founder Ryan Cohen bought a large number of shares, pushing the price up. But with the support of Reddit threads such WallStreetBets - which has more than five million subscribers - GameStop's stock this month traded between $112 and $480 a share. GameStop Corporation Common Stock (GME) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. GameStop's stock price is surging thanks to Reddit traders, and to the dismay of hedge fund managers. The rising share price put pressure on short sellers and their bets for declines in GameStop shares. 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