GameStop Could Earn a Lot of Money Just Sitting on Its $4 Billion Cash Pile
GameStop's $4 billion cash pile could generate upwards of $200 million in annual interest based on current rates for a one-year Treasury bill.
Stay updated with breaking news from Gamestop. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
GameStop's $4 billion cash pile could generate upwards of $200 million in annual interest based on current rates for a one-year Treasury bill.
A surge of trading in some short-dated GameStop options contracts on Wednesday suggested to some market participants that Keith Gill, the stock influencer known as Roaring Kitty, may have sold some of his recently-disclosed options position in the company. Gill, who helped launch the meme-stock phenomenon in 2021, recently disclosed a sizeable GameStop stock and options position in a screen shot posted on Reddit on June 2.
A surge of trading in some short-dated GameStop options contracts on Wednesday suggested to some market participants that Keith Gill, the stock influencer known as Roaring Kitty, may have sold some of his recently-disclosed options position in the company. Gill, who helped launch the meme-stock phenomenon in 2021, recently disclosed a sizeable GameStop stock and options position in a screen shot posted on Reddit on June 2.
By Saqib Iqbal Ahmed NEW YORK (Reuters) - A surge of trading in some short-dated GameStop options contracts on Wednesday suggested to some market participants that Keith Gill, the stock influencer known as Roaring Kitty, may have sold some of his r...
Here's what investors may want to know about GameStop's upcoming annual meeting, and where GME stock may go following this event.