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Koss : GameStop jumps more than 16% as 'meme' stocks roar higher

By Sinéad Carew
(Reuters) - Shares of GameStop soared 16.3% on Tuesday after hitting their highest level since late March, and other so-called meme stocks also rallied as investors shifted back into the retail favorites that had notched big gains earlier in the year.
The video game retailer s shares finished at $209.43, marking their first close above $200 since March 19. Shares of AMC Entertainment Holdings ended up about 20% while Koss Corp gained 22.9%.
Once it goes over $200 the buzz starts, said Dennis Dick, head of markets structure and proprietary trader at Bright Trading LLC. You can 100% peg it to social media.
GameStop s shares and those of other stocks popular on forums such as Reddit s WallStreetBets have climbed in recent weeks, a move that has come amid a broad sell-off in Bitcoin and other cryptocurrencies, another investment popular among individual investors. ....

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Koss : GameStop leads 'meme stocks' higher, snaps seven-day losing streak

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(Reuters) - Shares of GameStop Corp rose 18% on Wednesday, snapping a seven-day losing streak to post their biggest one-day increase since March 25.
The video game retailer s shares closed at $166.53 with trading volume that was more than twice the stock s 10-day moving average. Other so-called meme stocks - shares favored by the denizens of online communities such as Reddit s WallStreetBets - were also volatile on Wednesday.
Some supporters of the stock pointed to a late-Tuesday announcement that the company was voluntarily paying back $216 million in debt early as a catalyst for the gains.
The company s shares rose in aftermarket trade on Tuesday following the announcement. Price gains and trading volume accelerated late Wednesday morning. ....

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Koss : GameStop leads meme stocks lower, on track for sharp weekly drop

Shares of GameStop Corp slid further in early trade on Tuesday, continuing a slump that has seen the videogame retailer s stock shed a third of its value so far this week.. | March 18, 2021 ....

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Koss : GameStop shares surge 53%, other 'meme stocks' rally on stimulus hopes

Shares of GameStop jumped more than 40% on Monday and other so-called meme stocks rallied, lifted by news from the video game retailer and expectations that investors may plow funds from coming. | March 12, 2021 ....

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