A Short Squeeze Could Save GameStop Investors A Third Time
Anyone who bought GameStop shares and held them during the past 10 trading sessions are now underwater, some of them by over $100 per share.
Source: forbes.com
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Anyone who bought GameStop shares and held them during the past 10 trading sessions are now underwater, some of them by over $100 per share.
GameStop announced that it could sell an additional 5 million shares. While this is positive for the company and doesn’t create much dilution, it lost investors almost $6 billion in one day.