A large portion of the market still expects a short squeeze, or a monster short squeeze, in shares of GameStop. The dollar amount of shorted GME shares has greatly declined over the last year, however ...
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Michael Burry says he had 'no idea what was coming' or that 'Roaring Kitty' existed weeks before the 2021 GameStop short squeeze
Burry first invested in GameStop in 2018, pushing for buybacks and board changes while betting on undervaluation, cash flow, and potential corporate catalysts. ・He rebuilt a nearly 5% stake in 2019 ...
Michael Burry of "The Big Short" fame wrote on Substack that a "crappy business" became the "belle of the ball." ...
The New York Stock Exchange (NYSE) has imposed a Short Sale Restriction (SSR) on GameStop after volume spiked to levels reminiscent of GameStop’s famous 2021 short squeeze. GameStop (GME) short sales ...
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope ...
What Happened: Struggling video game retailer GameStop became the target of short sellers betting on a further decline or bankruptcy. Community support on the r/Wallstreetbets subreddit and other ...
GameStop (Nasdaq: GME), a video game retailer known for operating stores out of malls and shopping centers, was the go-to name in the game and console sales industry in the aughts. Once a favorite ...
Investors are gaining more confidence in shorting last year's meme-stock winners, according to data from Koyfin. Short interest as a percentage of shares outstanding is up more than 135% in GameStop ...
GameStop shares skyrocketed for a second day, bringing the two-day gains to over 134%, fueled by the unexpected social media return of retail investor "Roaring Kitty" after a three-year hiatus. Other ...
"The Big Short" investor Michael Burry unknowingly lit the spark that ultimately led to the GameStop frenzy in January 2021. Burry bought a stake in GameStop in 2019 because he determined the stock ...
The jaw-dropping rally in GameStop on Monday caused losses approaching $1billion for short sellers, according to data from S3 Partners. With GameStop soaring 74%, short-selling hedge funds suffered a ...
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