Why Gamestop News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Share: GameStop Corp (NYSE: GME) is a story stock, and the story does not go away, co-host Dennis Dick said Tuesday on Benzinga's YouTube show "PreMarket Prep." GameStop's Offering News: GameStop announced the completion of an at-the-money equity offering Monday. The company raised $551 million by selling 3.5 million additional shares. GameStop said the money will be "used to continue accelerating GameStop’s transformation as well as for general corporate purposes and further strengthening the company’s balance sheet." The stock doesn't care about the fundamentals, Dick said, adding...

After GameStop stock frenzy, Tampa firms join rush to sue Robinhood trading app One Tampa law office, which also sued Robinhood last year, is positioning itself to lead a class-action lawsuit.     Pedestrians pass a GameStop store on 14th Street at Union Square on Jan. 28 in Manhattan. [ JOHN MINCHILLO | AP ] Published Feb. 1 A handful of Tampa law firms have joined a frenzy of legal action against the stock-trading app Robinhood after it froze users’ ability to buy and sell GameStop stock during a trading spree that roiled Wall Street last week. At least three federal lawsuits h...

Just like you buy life insurance to cover personal risks, it should be a rule of thumb to buy protection in “trades where you can lose more than your capital invested”

Reddit's battle with Wall Street over AMC, GameStop stock a 'Ponzi scheme,' can't last CNET 2/2/2021 Ian Sherr © Provided by CNET GameStop shares are on an epic roller coaster that pushed them to the stratosphere. But for how long? Getty Images Many of today's adults spent their youths in GameStop  stores. They lined up for console launches. They bought and sold games there, too. Now some of those gamers are rich after buying GameStock's stock and encouraging their friends on Reddit to buy it too. GameStop's shares rocketed higher than ever expected in the past couple...

‘Is this really happening right now?’: A 10-year-old cashes in his GameStop shares Sydney Page © Courtesy Nina Carr/Courtesy Nina Carr Jaydyn Carr, 10, became an unexpected beneficiary of the market mayhem, as his $60 stake in the video game retailer grew to $3,200. (Courtesy Nina Carr) The GameStop stock surge has benefited small-scale investors, many of them surprised at their unlikely windfalls. Perhaps none so much as a 10-year-old boy from San Antonio. The fifth-grader was gifted 10 GameStop shares, each at $6.19, as a Kwanzaa present from his mother in Decemb...