Michael Burry bought GameStop shares but is not counting on a short squeeze. CEO Ryan Cohen purchased 500,000 shares earlier this month. GameStop trades at 2.0x P/B and 3.2x P/S while pivoting to ...
What began as a dramatic short squeeze in early 2021 has evolved into a persistent force in equity markets. Retail participation in U.S. equities has risen to nearly 20% of average daily trading ...
(KTVI) – GameStop has recently closed dozens of stores across Missouri and Illinois, including at least five in the St. Louis region, as the video game chain faces a wave of closures nationwide. All ...
In a new Substack post shared on X, Burry wrote, "I own GME. I have been buying recently.” The famed investor, known for shorting the U.S. housing market before 2008, believes he is buying near ...
A full sale at current prices would imply about a $76 million loss on GameStop’s Bitcoin bet, having purchased its 4,710 Bitcoin at an average purchasing price of $107,900. GameStop has transferred ...
GameStop closing hundreds of stores nationwide, including five in Alabama. At the beginning of 2025, GameStop launched a mass shutdown. As of December, the video game chain had closed 590 stores as ...
2026 is already shaping up to be a brutal year for GameStop (NYSE: GME) stores. This month, nearly 500 locations have been marked for closure. The shutterings come as GameStop’s CEO Ryan Cohen doubled ...
Selling your used gear and games at GameStop has long been a convenient way to carve a little off the price tag of your next purchase. Sure, you’ll almost certainly get more money on eBay, but who ...
GameStop is closing more than 470 stores nationwide, with dozens of closures in Florida. The company cites a shift in consumer preference towards downloading games as a reason for the closures. An ...
GameStop has said it has shut down a loophole that let its customers rack up store credit by continually trading in then rebuying a Nintendo Switch 2 console. In a statement posted to social media, ...
GameStop is shutting down roughly 30 stores in New York as part of a nationwide shuttering that will impact at least 470 locations by the end of the month, according to an online compilation of the ...
More retail doors are closing across New York, and for shoppers who grew up browsing shelves, trading in games, or grabbing a last-minute gift at the mall, this latest round hits close to home.