What Is The Deal With Gamestop Stock
Members of the subreddit encouraged as many people as possible to buy GameStop stock in order to get back at the short sellers. But one thing has changed for the better. Gamestop Stock Surges 100 In 2 Days But It Won T Last The Motley Fool Whats going on with gamestop stocks. What is the deal with gamestop stock . For example lets say that Hedge Fund A borrowed 1000000 shares of GameStop stock in June 2020 and sold them for 10 a share or 10 million. GameStocks stock ticker symbol GME has been maniacal this month. Its a reflection of a war between retail. That would give the hedge fund a profit of 4 million. After sitting around 18 three Fridays ago it doubled in four days. 11 after it named three people to its board of directors as part of a deal with shareholders who had been agitating for change. A mass of amateur internet investors is buying GameStop stock causing its stock price to soar reports Jeff Wagner 216. That caused some short sellers. And thats when it...