Page 14 - Bailey Lipschultz News Today : Breaking News, Live Updates & Top Stories | Vimarsana

GameStop breaks below $100 as rout erases $28 billion in value SECTIONS Last Updated: Feb 03, 2021, 09:10 AM IST Share Synopsis The stock tumbled to $75 at 10:49 a.m. in New York, meaning it has now given up nearly 85% of the spectacular gains that were fueled by last month’s attack on short sellers. Reuters The video-game retailer’s market value has dwindled by more than $28 billion to $5.8 billion from a Thursday intraday peak, though the stock is still up more than 300% year-to-date. Related By Paul Jarvis and Bailey Lipschultz GameStop Corp.’s rally came to a screeching halt this ...

GameStop Corp.’s wild trading continued Thursday amid trading restrictions on platforms such as Robinhood Markets. The shares swung between double-digit losses in gains in the opening minutes of New York trading after clients of Robinhood reported trading restrictions in high-flying stocks, including GameStop and AMC Entertainment Holdings Inc. Those stocks and others are “not supported” on Robinhood, according to a note on at least one of its platforms. Interactive Brokers has put AMC, GameStop, BlackBerry Ltd., Express Inc. and Koss Corp. option trading into “liquidation only” due...

Exclusive content, features, opinions and comment - hand-picked by our editors, just for you. Pick 5 of your favourite companies. Get a daily email with all the news updates on them. Track the industry of your choice with a daily newsletter specific to that industry. Stay on top of your investments. Track stock prices in your portfolio. NOTE : The monthly duration product is an auto renewal based product. Once subscribed, subject to your card issuer's permission we will charge your card/ payment instrument each month automatically and re...