GameStop shares fell Monday after a report that the company is looking to increase the value of new stock it may sell from $1 million to $1 billion. According to Reuters’ report, GameStop Corp. shares fell 13.9 percent on Monday, after the SEC filing was made public. Earlier this year, GameStop experienced …
Read More »GameStop CFO Jim Bell Is Resigning
Executive Vice President and Chief Financial Officer of GameStop, Jim Bell, resigns from his role on March 26. His resignation comes after the rise and fall of GameStop’s stock. “The company thanks Mr. Bell for his significant contributions and leadership, including his efforts over the past year during the COVID-19 …
Read More »Fifth-Grader Made More Than $3,000 From GameStop Stock; Mother Bought Son Shares As Kwanzaa Gift: ‘I Was Teaching Him Financial Literacy’
A fifth-grader from San Antonio, Texas, made $3,000 from GameStop stock. Nina Carr gifted her 10-year-old son Jaydyn Carr 10 shares of GameStop stock after purchasing it back in 2019. Today, the child has made $3,200 after the stock incident last week involving Reddit users and amateur investors, NBC Washington …
Read More »Robinhood Announces Stock Trading Restrictions On GameStop, AMC, BlackBerry and More
The Robinhood online trading platform is moving to block trading in some stocks that have recently soared due to smaller investors’ aggressive purchases. As a voluntary army of investors on social media challenged large institutions that had placed market bets that the stock would fall, GameStop stock rose from below …
Read More »Twitter Reacts: Thanks To Reddit Investors Encouraging Trading, AMC Stock Skyrockets
In just two days after getting drawn into the crazy Wall Street drama caused by the Reddit clan of WallStreetBets, which previously sent retailer GameStop into the price stratosphere, AMC Entertainment Holdings shares went from roughly $4 to $16. WSB is a semi-outlaw trading platform that often utilizes apps such …
Read More »GameStop Employees Must Compete In The #RedWineChallenge To Earn Black Friday Overtime
To meet Black Friday demands this year, GameStop is encouraging its employees to compete for extra Black Friday shifts by participating in the #redwinechallenge on TikTok. The company’s event team announced the challenge on October 28th when they posted a video of themselves doing the challenge. Each store will send …
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