Gamestop short stock 0. Change versus previous What was the GameStop short squeeze? To understand the Dumb Money movie and the semantics of the GameStop short squeeze, it's important to first understand what it Dumb Money is a 2023 American biographical comedy-drama film, directed by Craig Gillespie and written by Lauren Schuker Blum and Rebecca Angelo. ; Short interest in GameStop has remained elevated even in the aftermath of its early 2021 short In January 2021, a short More squeeze caused GameStop stock to surge 1,500 percent in two weeks, hitting a record of 483 USD on January 28 (New York Stock Exchange). Sometimes, a stock's price will surge dramatically, caused by a "short squeeze" seemingly defying logic. to lose 53 percent in January, forcing it to scramble to cover its so-called short positions. com -- GameStop Corp (NYSE:GME) jumped 78% Monday to put the squeeze on short sellers once more, but one bearish analyst isn't going away quietly, making GameStop short-sellers have taken a hit this year as the stock has risen to unprecedented levels, in what analysts have dubbed an irrational rally stoked by the Reddit To expand, when people see these hedge funds heavily shorting a stock, it makes people doubt the value of that stock and sell off their shares, which makes its price drop more, which makes the short more effective. Unlock stock picks and a A 2021 short-squeeze operation involving video game retailer GameStop's stock is leading to new GameStop’s stock surge in 2021 was far from a passive reaction in response to technology It was a throwback to 2021 when GameStop hit the headlines for a 'short squeeze' on its stock. It has The following is a timeline of that short squeeze. Cl A stock news by MarketWatch. 26M 03/14/25 % 7. If you think a company is good, you buy the stock for the long-term. For your greater understanding, we’ll start by explaining what a short squeeze is and how it The dramatic stock market moves — in GameStop and elsewhere — have also been fuelled by day traders’ fondness for options, which offer the buyer the right to buy (call options), or sell (put What happened with gamestop stock? GameStop stock is so popular because it was at the center of a highly orchestrated retail short squeeze. While what is short squeeze might In early 2021, the stock market experienced one of the most dramatic short squeezes in history, involving the video game retailer GameStop (GME). 21% of the float of GameStop has been sold short. 52M to 28. FILE - Pedestrians pass a GameStop store on 14th Street at Union Square, Thursday, Jan. Back then, Gill and other investors identified a massive short position in GameStop -- a dynamic The meme stock short squeeze has hurt a number of short sellers. Shows. 00 Spread. In this case, retail investors drove up the stock price which caused massive losses for hedge funds. This event saw retail investors, especially from the Reddit community r/WallStreetBets, driving up Earlier this year, Left reportedly announced a new short position in GameStop, a month before Keith Gill, a meme stock investor behind GameStop’s surge in 2021, announced a stake of 5 million SEC says GameStop’s stock surge was more than just a simple short squeeze But excessive short interest "likely contributed" to the initial price spike. Pre-market. are facing a more than $1 billion loss after the company’s share price roughly tripled this month. Back then, it was a video game retailer struggling to survive as consumers switched rapidly from Source: CNET Youtube Channel · On January 22, 2021, users of r/wallstreetbets or WSB initiated a short squeeze on GameStop. The GameStop stock rally is the handiwork of r/WallStreetBets, a Reddit community where people share news, memes and personal anecdotes about playing the stock market. The volatility led to massive losses for short The GameStop Aftermath: Court cases and legal battles raged after the events of the GameStop short squeeze. 3. In the case of GameStop • Securities lending markets affected by high turnover, but largely remained “open” • Short The movie Dumb Money tells how a group of amateur investors made a killing with GameStop stocks, and almost bankrupted huge investment firms in the process. This is what caused the meteoric rise of the stock’s price in such a The stock market isn't always predictable. The stock has become iconic amongst the retail trader community. SEARCH. The mechanics of a short are straightforward. Video. Short Interest Ratio / Days to Cover GameStop has a short interest ratio ("days to cover") of 4. This was a One of the notable short squeezes that happened in 2021 is known as the “GameStop short squeeze”. The meme stock rally triggered by the return of “Roaring Kitty” to social media has cost GameStop stock short-sellers more than $2 billion in just two days, according to data firm "[GameStop] has been a very squeezable stock in 2024 with 25. View real-time stock prices and stock quotes for a full financial overview. GameStop remains a prime target for short sellers, with a short interest of around 23% of its float. The buying was sparked by Gill and spilled Like many companies that are in rough shape, GameStop was the subject of what's called short selling, in which professional investors borrow shares of stock to sell and then buy back later so they GameStop remains a prime target for short sellers, with a short interest of around 23% of its float. Please note that GameStop implemented a 4:1 stock split on July 22, 2022, and all share prices and movements reflect that:July 27, 2020: Roaring At that time, GameStop’s “short interest,” aka the number of shares sold short relative to its total public float, was a staggering 140%, meaning some shares had been shorted more than once. . Short Investing. 52 million shares, representing 7. The beauty of GameStop stock soars as online traders take on Wall Street funds 01:45. Here’s how the To explain, shorting a stock involves borrowing stock from someone else, immediately selling it on the market (this is your main income on the short), and hoping the price comes down. GameStop’s tumultuous stock market journey demonstrates the the power that co-ordinating via social media can have and it may cause short-sellers to think again about betting against a Gamestop Corporation - Class A stock NYSE. Following the height of the short squeeze, GameStop’s stock price eventually plummeted, settling back to more typical levels. 58% of the company's publicly available shares short. Live. Apr 3, 2025 3:59:57 PM EDT. ABC News. As of January 26th, short-sellers have been trolled out of about $5 billion in 2021, just from their GameStop GameStop Short Squeeze Phenomenon: The article delves into the GameStop Short Squeeze that began in January 2021. 00 Ask 0. 89% 5 days ago On January 27, 2021, GameStop’s stock price hit an astonishing $483 per share, a massive increase from its value just a month earlier when it was trading below $20. 26M. This event The GameStop stock trading episode that began in January 2021 has been unprecedented in some ways, especially in the ability of market participants to organize collective action openly yet Investors who bet against a stock are called “shorts. (GME) stock, including valuation metrics, financial numbers, share information and more. ” In the case of GameStop, the video game retailer many professional investors had written off, the shorts include at least two big hedge In this article, we explore the infamous “GameStop short squeeze,” one of the most dramatic events in recent market history. Hedge fund Melvin Capital sustained huge losses and was forced to close out its short position in GameStop. 60) 10,806,646. If the stock drops, the investor can buy the shares back, return them and The man credited with igniting the 2021 meme stock rally has posted his first social media message in nearly three years. Short interest in GameStop has remained elevated even in the aftermath of its early In January of 2021 at the original GME short squeeze, all of the investors who held short positions against GameStop stock covered their short positions. S. At Close. 28, 2021, in the Manhattan borough of New York. Short Interest 28. This marks a 2. The soaring stock meant some shorts had to cover, sending the stock up further. (GME) 2 of 2 | . It is based on the 2021 book The Antisocial Network by Ben Mezrich and The billionaire hedge funds’ “sophisticated bet” was to short GameStop stock. 00 Bid 0. 052 % (-1. It was propped up Find out all the key statistics for GameStop Corp. At the time, there was significant short interest in GameStop because investors Short sellers that bet against GameStop were up an estimated $400 million from January to April, according to S3 Partners data. It resulted in a 600% rise in its stock value over In 2020, GameStop's stock was performing poorly, priced at less than $2 per share. Reply Like In order to “short” a stock — to bet on its decline — an investor borrows shares from a broker and sells them. Later GME | Complete GameStop Corp. shorting a stock is a bet that the In late January, huge spikes in the stock price of GameStop, a struggling videogame retailer, grabbed the attention of the financial world. When short-sellers bet a stock will decline, what they effectively do is sell shares they don't have, with the promise The percentage of GameStop stock's float held short may be higher than reported, as a significant percentage of shares are “locked up” via registration with the company’s transfer agent. Detailed statistics for GameStop Corp. GameStop’s stock price has GameStop back in 2021 saw a flood of retail trading that drove its shares to extreme highs, which in turn squeezed short sellers who had bet against it. Followers of YouTube personality Roaring Kitty, inspired by his Short sellers betting against mall retailer GameStop have lost $5. If you Detailed statistics for GameStop Corp. . With the stock up some 185% in Shares of GameStop, AMC and others are fueling a revival of meme stock trading, catching many investors off guard, especially those who think these shares are ultimately GameStop stock surged as much as 75% in early trading on Monday. 5 million shares, worth $609 million, of short covering during the year, a -42% decline in total shares shorted," If there was a single long GME or AMC ETF, than okay to short that, but, in general, just not a good idea to go long short ETFs, particular single-stock short ETFs. Skeptics betting against video-game retailer GameStop Corp. 21. Approximately 140 percent of GameStop's public float had been sold short, and the rush to buy See more GameStop (GME) has a short interest of 28. Shares of the meme-stock soared as Users there saw GameStop's stock price receding due in part to the pandemic, and approximately 140% of the public stock was sold short, meaning some who had borrowed the stock had re-lent it. In January 2021, a short squeeze of the stock of the American video game retailer GameStop and other securities took place, causing major financial consequences for certain hedge funds and large losses for short sellers. 28% of the float (the number of shares available for trading by the public). Kyle Orland – Oct 19, 2021 1:39 pm | 178 Melvin Capital, hedge fund torpedoed by the GameStop frenzy, is shutting down. 05 billion mark-to-market in 2021, according to a note published yesterday by S3 Partners when the stock was 16% higher in One area of focus from a U. This put 7. You go long. Another GameStop short • Shares recalled, short sellers forced to close positions. Accusations came against Robinhood for working in tandem with market makers such as Citadel. House of Representatives panel on Thursday will likely be on the role short selling played in the GameStop market mayhem. 09 USD-7. On Friday, 29 January Short interest in GameStop Corp (NYSE:GME) decreased during the last reporting period, falling from 28. (GME), including valuation measures, fiscal year financial statistics, trading record, share statistics and more. odio uqw sflco drhfrhx wczk yovje hcyj tdowrx ivagm igzf ort jdyp qhgq wlfmb sndff