Page 2 - While Gamestop News Today

Consumer prices soar to 0.6%, CPI shows, and shove rate of inflation to a 13-year high (SPY +0.2%). Jobless claims drop to a post-pandemic low of 376,000. Here is the current market situation from CNN Money European markets are mixed. The DAX is higher by 0.06%, while the CAC 40 is leading the FTSE 100 lower. They are down 0.43% and 0.07% respectively. What Is Moving the Markets Here are the headlines moving the markets. The Fuel Of The Future Thats 9 Times More Efficient Than Lithium The wo...

May 29, 2021 8:30 AM EDT Stocks finished Friday and the S&P 500 closed out May with its fourth straight month of gains as inflation data failed to dent investors sentiment on the recovering U.S. economy. The Dow Jones Industrial Average finished up 64 points, or 0.19%, to 34,529, the S&P 500 edged up 0.08% and the Nasdaq ticked 0.09% higher. AMC Entertainment  ( GME,) - Get Report and others are back at it. These Reddit stocks have been red hot and are starting to squeeze higher with strong u...

Author Bio Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time. Having made the streets safe for Truth, Justice, and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. His coverage reflects his passion for motorcycles, booze, and guns (though typically not all exercised ...

Image source: Getty Images. A golden opportunity flying under Reddits radar Scott Levine (Kirkland Lake): While GameStop and AMC are names on many investors lips these days, Reddits attention seems to have shifted from individual companies to a commodity: silver. In fact, the average price of the precious metal is nearly 8% higher than its average price of $25.90 in January. Gold, on the other hand, is not recognizing the same increase; the average price of the yellow metal in February has dipp...

Share: Love it or hate it, video game retailer GameStop Corp. (NYSE: GME) has been the talk of Wall Street in the past week. The stock gained another 50% on Tuesday as a massive short squeeze continued, and S3 Partners analyst Ihor Dusaniwsky said GameStop short sellers keep racking up the losses. What Happened? GameStop’s underlying business took a pounding in 2020 due to the pandemic, and the company reported a 30.1% drop in revenue and an $18.8 million net loss in the third quarter. Ear...

It is up even further in after-hours trading. It ultimately ended up with a trading volume of more than 175 million. Original story: GameStop shares are having an incredibly volatile day of trading as a short squeeze driven by online investment communities continues to play havoc with the specialty retailers stock price. GameStop shares started Monday on a roll, jumping from Fridays closing price of $65.01 to a record high of $159.18 before noon, but soon gave back all those gains and then some...