Tag: GME

Explaining the GME Short Squeeze

If you are in the habit of keeping your eye on the stock market at all, then you will recall the extreme, and sudden, rise in GameStop stock prices in early 2021. On January 7, 2021, GameStop stock was selling at about $18 a share. The long-struggling, brick and mortar gaming store seemed to be set for a full collapse as COVID knocked out any last hope of a comeback, …
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