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GameStop lacks a strategy but GME shares continue to survive due to ‘greater fools’

GameStop Corp (NYSE: GME) opened more than 15% down on Thursday after announcing plans of raising $1.75 billion through a convertible notes offering to potentially expand its BTC holdings. According to the gaming merchandise retailer, net proceeds from the said offering will be used for general corporate purposes, “including making investments in a manner consistent […] дальше »

2025-6-13 18:13


Major Bearish Trader Exits GameStop Shorts But Compares GME To Meme Coins: Is This Fair?

GameStop shares might drop after a rollercoaster ride, but Citron Research, led by Andrew Left, is exiting its short position on the video game retailer. In a post on X, Citron Research said it was exiting its short position, saying the platform now has “enough runway” following its $4 billion cash infusion. Citron Research Exits […] дальше »

2024-6-14 03:00