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GameStop and AMC Shares Plummet further After Roaring Kitty's Brief Return
GameStop and AMC, two iconic meme stocks that captivated retail investors during the 2021 frenzy, saw their shares tumble again on Thursday, marking the second consecutive day of declines. The brief surge earlier in the week, fueled by the return of Keith Gill, known as "Roaring Kitty," quickly lost momentum, leaving investors to reassess their positions. GameStop and AMC, two iconic meme stocks that captivated retail investors during the 2021 frenzy, saw their shares tumble again on Thursday, marking the second consecutive day of declines. The brief surge earlier in the week, fueled by the return of Keith Gill, known as "Roaring Kitty," quickly lost momentum, leaving investors to reassess their positions. -
GameStop and AMC Shares Tumble as Meme Stock Rally Loses Steam
The recent resurgence of meme stock fervor, sparked by the reemergence of Keith Gill, known online as "Roaring Kitty," on X (formerly Twitter), appears to be short-lived as shares of GameStop, AMC Entertainment, and other popular meme stocks declined on Wednesday morning. The recent resurgence of meme stock fervor, sparked by the reemergence of Keith Gill, known online as "Roaring Kitty," on X (formerly Twitter), appears to be short-lived as shares of GameStop, AMC Entertainment, and other popular meme stocks declined on Wednesday morning. -
GameStop Shares Skyrocket 80% as 'Roaring Kitty' Resurfaces, Reigniting Meme Stock Frenzy
GameStop shares soared more than 80% on Monday, triggering multiple trading halts due to volatility, after "Roaring Kitty," the man credited with inspiring the epic short squeeze of 2021, resurfaced online for the first time in nearly three years. GameStop shares soared more than 80% on Monday, triggering multiple trading halts due to volatility, after "Roaring Kitty," the man credited with inspiring the epic short squeeze of 2021, resurfaced online for the first time in nearly three years. -
GameStop's Q1 Report: Revenue Plunge, CEO Firing, and Investor Call Cancellation Send Shares Tumbling
GameStop met several pieces of bad news in its Q1 report: First, revenue fell by more than 10% YoY to $1.24 billion, significantly below the market expectation of $1.36 billion; the company then fired its CEO Matthew Furlong and appointed the board chairman and activist investor Ryan Cohen as executive chairman, effective immediately. GameStop met several pieces of bad news in its Q1 report: First, revenue fell by more than 10% YoY to $1.24 billion, significantly below the market expectation of $1.36 billion; the company then fired its CEO Matthew Furlong and appointed the board chairman and activist investor Ryan Cohen as executive chairman, effective immediately. -
GameStop Sacks Personnel As Company's Shares Decline
GameStop staff were informed of the job cuts verbally during livestream meetings. GameStop staff were informed of the job cuts verbally during livestream meetings. -
GameStop Reports Q1 Loss Amid Shift To Digital Business
GameStop reported a net loss of $157.9 million on revenues of $1.38 billion for its fiscal first quarter. GameStop reported a net loss of $157.9 million on revenues of $1.38 billion for its fiscal first quarter. -
PS5 Restock Incoming At GameStop TODAY: What You Need To Know
It's just a tip for now, but it's smart to keep an eye out at GameStop just in case new PS5 consoles drop. It's just a tip for now, but it's smart to keep an eye out at GameStop just in case new PS5 consoles drop. -
Dalian Wanda Group Discloses AMC Windfall Following Reddit-Led Rally
Wang Jianlin's Dalian Wanda Group reduced its stake in AMC Entertainment Holdings. Wang Jianlin's Dalian Wanda Group reduced its stake in AMC Entertainment Holdings. -
Game On! GameStop Stock Roars Back To Life Following CFO Exit
GameStop's stock rose more than 80% in after-hours trading, hitting a high of $168 per share. GameStop's stock rose more than 80% in after-hours trading, hitting a high of $168 per share. -
Robinhood and Reddit CEOs To Appear This Week At Congressional Hearing On GameStop Rally
The hearingwill be held this Thursday by a U.S. House of Representatives panel. The hearingwill be held this Thursday by a U.S. House of Representatives panel.