GameStop

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GameStop&#39;s Wild Ride Resumes After Restrictions Eased
GameStop's
Wild Ride Resumes
After Restrictions Eased
THE RUNDOWN
Jan 29, 2021 7:20 AM CST

GameStop's Wild Ride Resumes After Restrictions Eased

Robinhood is being sued over Thursday halt

(Newser) - GameStop's wild ride isn't over yet. The Robinhood online brokerage, which caused an outcry Thursday by halting buying of GameStop, AMC Entertainment, and other stocks targeted by Reddit users, loosened restrictions early Friday. All 13 stocks in question soared in premarket trading, the Wall Street Journal reports. GameStop...

GameStop Drama Spurs Stewart to Join Twitter

'We've learned nothing from 2008'

(Newser) - Jon Stewart never took to Twitter to share his thoughts on Donald Trump's presidency, but the GameStop drama managed to draw him in. The former Daily Show host joined Twitter Thursday to defend the small investors wreaking havoc with hedge funds after trading restrictions were brought in, Fox News...

Hedge Funds Take Huge Losses From GameStop Rise
Hedge Funds Take
Huge Losses From
GameStop Rise 
THE RUNDOWN
Jan 28, 2021 7:57 AM CST

Hedge Funds Take Huge Losses From GameStop Rise

White House is 'monitoring the situtation'

(Newser) - Two major players have admitted defeat in the "David and Goliath" battle over GameStop's share price—but other Goliaths have made a fortune. The stock surged to a new high of $347.51 at the close of trading Wednesday, up almost 135% for the day, making a profit...

Elon Musk Adds Fuel to the GameStop Fire

He simply tweeted 'Gamestonk!!'

(Newser) - It's "a head-scratching David and Goliath story," as the AP puts it, and Elon Musk on Tuesday lobbed a rock in the giant's direction. Musk tweeted a single word, "Gamestonk!!"—and it was enough to send GameStop's share price temporarily over the...

Dueling Investors Take GameStop on a Wild Ride
GameStop's Stock Price
Just Went on a Wild Ride
MARKETS
Jan 25, 2021 3:48 PM CST

GameStop's Stock Price Just Went on a Wild Ride

Small investors are taking on short-sellers

(Newser) - Wall Street ended a choppy day with mixed results Monday as the market struggled to find direction. Apple and other Big Tech stocks lurched higher, then lower, then back up again. Several of them report their latest quarterly results this week. The S&P 500 climbed 0.4%, even though...

The Latest Business to Dub Itself 'Essential:' GameStop

The video game retailer sells keyboards and mice that could help people telecommute, you see

(Newser) - In these times of trouble, when some states have ordered our institutions of education, religion, and culture shuttered, and all but the most essential of businesses closed, it's comforting to know that GameStop is keeping the lights on. Wait, GameStop? Correct, gentle reader: The video game retailer is claiming,...

GameStop Jumps After Famed Investor Shows Faith

Shares rise as much as 20% after interview

(Newser) - GameStop has been having a brutal year. The video game retailer has lost roughly 70% of its value—but all it took was a little faith from a famous investor to send stock back up. When Barrons reported Wednesday that Michael Burry is going long on the company, shares jumped...

11-Year-Old's New Video Game Came With Illicit Surprise

GameStop says it has no idea where the meth came from

(Newser) - The debate on whether or not video games are harmful to kids continues to rage. The debate about whether or not video games that come with methamphetamine are harmful to kids is probably pretty much settled. KPLC reports an 11-year-old opened the video game he bought Wednesday at a Louisiana...

7-Year-Old and His Stuffed Animal Fight Off Armed Robber

'Two left hooks while holding the Yoshi doll'

(Newser) - A 7-year-old boy is being lauded for his bravery after he attempted to fight off a gun-wielding robber while armed with only a stuffed animal last week in Maryland, Fox News reports. According to the Washington Post , the boy's parents took him to GameStop to buy a Yoshi doll....

2 Retailers Will Stay Closed on Thanksgiving

So far GameStop, Staples have made announcements

(Newser) - First there was the trend of stores opening on Thanksgiving itself to get a jump on the Black Friday sales; now, thanks to backlash, there's the trend of stores making big announcements to tout the fact that they will not be open on Thanksgiving. The two biggest names to...

McDonald's Is Most Visited Business in America

Nearly half of US consumers visited at least once last month, says study

(Newser) - Just how popular are the golden arches? So popular that nearly half of US consumers visited them last month, according to a new study spotted by the Consumerist . The study, from the new Placed Insights service, sought to determine which businesses Americans visit most. Fast food dominates the list, but...

Military Bases Won't Get Game With Taliban Players

GameStop won't stock Medal of Honor there

(Newser) - If US soldiers want to face down the Taliban, they'll have to do so in the real world, not a virtual one. Mega-retailer GameStop says it won't stock EA's Medal of Honor at its stores on military bases because it allows gamers to be Taliban fighters. It's "out of...

Stocks Mixed on Retail News
 Stocks Mixed on Retail News 
MARKETS
Jan 8, 2009 3:32 PM CST

Stocks Mixed on Retail News

Wal-Mart falters, but Sears posts strong forecast

(Newser) - Stocks ended mixed today amid largely negative retail news and nervousness on unemployment, MarketWatch reports. Investors were shaken by poor December earnings and a reduced quarterly forecast posted by Wal-Mart, which managed to perform well through 2008. The Dow fell 27.24 to close at 8,742.46. The Nasdaq,...

GameStop Axes Zune; Microsoft Shrugs

Video game retailer will no longer sell Microsoft's feeble mp3 player

(Newser) - GameStop, a national chain of video game stores, has announced it will no longer carry Microsoft’s floundering Zune digital media player, TheStreet.com reports. "We have decided to exit the Zune category because it just did not have the appeal we had anticipated," a spokesman said of...

Wii Still Scarce; Price of PS3, 360 Likely to Fall: GameStop

Exec makes predictions on top devices

(Newser) - GameStop execs say they expect to be short on Wii consoles for the next two quarters and that $50 price drops are likely for the Xbox 360 and PS3. PSP shortfalls are also anticipated, but the PS3 should be well-stocked. The company’s CFO said several hardware prices cut were...

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