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Meme stocks pare gains as highly shorted Krispy Kreme, GoPro join the frenzy
Investor enthusiasm faded for the latest meme stocks on Wednesday, with shares in heavily shorted Krispy Kreme and GoPro closing well below their session highs, while Tuesday's investor darling - department store Kohl's - finished sharply lower.
The GME stock slumps 10% in 3 months as core sales sink despite cost cuts, collectibles gains and strong cash reserves.
By now most people, even those vaguely tuned into finances, have heard the phrase "meme stock." But if you're just catching ...
Shares of GameStop Corp (NYSE:GME) are pushing higher in Monday afternoon trading, seeing a spike in volatility despite a ...
MarketBeat on MSN5d
GameStop: Clarity Brings Renewed Confusion for Meme StockCEO Ryan Cohen attempted to bring clarity to the market in a televised interview. He says the company isn’t trying to be a ...
Krispy Kreme (DNUT), Opendoor (OPEN), Rocket Mortgage (RKT) and Kohl’s (KSS) had become the meme stocks of the moment, along ...
TheStreet. GameStop has been a dying business for more than a decade. Once it became viable to download video games directly ...
A meme stock is a stock that gains immense popularity, a high trading volume, and strong social media interest, driven by online communities. There’s no real connection with the company fundamentals ...
Shares of GameStop Corp (NYSE:GME) are trading marginally lower Tuesday afternoon, pausing after a rally on Monday that was ...
Investors are again turning to meme stocks in the hopes of scoring quick gains. The latest beaten down companies to see a ...
GameStop stock plunged more than 40% to $193 a share on Thursday. The closing price on Wednesday was approximately $350 a share. Just a few weeks ago, GameStop was trading for less than $18.
Zacks Investment Research on MSN4d
GameStop (GME) Stock Declines While Market Improves: Some Information for InvestorsIn the latest trading session, GameStop (GME) closed at $23.96, marking a -1.24% move from the previous day. This change lagged the S&P 500's daily gain of 0.78%. Elsewhere, the Dow saw an upswing of ...
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