GameStop slides again on move to sell shares after meme-stock rally
Struggling video game retailer GameStop fell 24% on Friday after announcing it would sell up to 45 million shares to capitalize on the meme stock frenzy that began this week. The Grapevine, Texas-based company posted its highest trading volume in three years this week following a series of posts from Keith Gill’s X account, Roaring […]
GameStop, AMC shares slide for 2nd straight day as meme-stock rally fizzles
Retail investor favorites GameStop and AMC continued to fall for a second straight day in Thursday trading as excitement over the social media return of Roaring Kitty, a central figure in the 2021 meme stock rally, faded. Shares of video game retailer GameStop fell 17% to $32.60 after soaring this week to $64.83. Theater chain […]