Trends - GameStop shares - Business Recorder

GameStop shares

GameStop shares climb on strong volume

Shares of retail traders’ darling GameStop jumped 12.5% in strong premarket trading volume on Wednesday, looking to...

Published 29 Nov, 2023 04:50pm

Markets

GameStop plans $1bn stock sale, shares slide

The company said it would sell up to 3.5 million shares and use the proceeds to speed up the shift in its business model to e-commerce in an overhaul being led by top shareholder and board member Ryan Cohen.
GameStop's stock has gained more than 900% so far this year, giving the company a valuation of as much as $34 billion at one point as retail traders bet against Wall Street hedge funds that had shorted its shares.

Published 05 Apr, 2021 05:26pm

Business & Finance

GameStop hires Amazon executive as chief growth officer in e-commerce shift

The company's shares, which were at the heart of a Reddit-driven retail trading frenzy early this year, rose nearly 5% in pre-market trading.
Signaling a broader overhaul, at least two executives have departed since - Chief Customer Officer Frank Hamlin and Chief Financial Officer Jim Bell.

Published 30 Mar, 2021 07:14pm

Markets

GameStop, other ‘meme stocks’ soar as markets eye stimulus boost

GameStop was trading 14.5% higher at $282.73 before the bell, on course for a sixth straight session of gains, while shares of cinema operator AMC Entertainment rose 10% and headphones maker Koss Corp soared about 40%.
GameStop retains a legion of devout followers after a social media frenzy in January triggered a massive rally in which its shares surged more than 1,600%.

Published 10 Mar, 2021 08:09pm

Markets

GameStop situation unlikely in France, says market regulator

"It is improbable in France and Europe, but it is a situation to which we have to pay close attention," AMF head Robert Ophele told Boursorama TV.
Investors who followed popular Reddit forum WallStreetBets helped push GameStop shares to a closing high of $347.51 on Jan. 27.

Published 12 Feb, 2021 06:23pm

Markets

GameStop shares jump 11pc as Reddit trading mania calms

The rally, which catapulted GameStop shares to as high as $483 from around $20 before they fell back to about $64.
In pre-market trading on Monday, GameStop shares were up 10.8% following a 20% jump on Friday. AMC shares.

Published 08 Feb, 2021 06:58pm

Business & Finance

GameStop shares halt slide after Robinhood lifts trading curbs

The videogame retailer, the initial trigger for the market slugfest after gaining popularity on social media platform Reddit’s WallStreetBets, closed up 19.20% at $63.77 after hitting a session high of $95, although the wild gyrations seen in the past two weeks appeared to be easing.

Published 06 Feb, 2021 10:27am

Markets

Numbers of GameStop shares shorted dips further -- S3 Partners

As of Thursday's close, 25.4 million shares were shorted versus 25.86 million a day earlier.
As of Friday morning, GameStop shorts were down $8.73 billion in realized and unrealized losses so far in 2021.

Published 05 Feb, 2021 08:58pm

Markets

GameStop slides, silver spree stalls as retail traders run out of road

GME down 30% in Frankfurt, down 23% in US pre-market.
Silver falls 8% from Monday's eight-year high.
Robinhood raises $3.4 bln from investors in a week.

Published 02 Feb, 2021 06:02pm

Markets

Number of GameStop shares shorted falls by over half in week

GameStop had 27.13 million shares shorted, down 35 million over the prior week, according to Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners.
Still, GameStop short interest stood at $8.82 billion as of Friday, making it the sixth-biggest short by value, according to S3.

Published 01 Feb, 2021 09:35pm

Business & Finance

Bitcoin to online petwear: ‘Papa Musk’ lures investors

LONDON: A “#bitcoin” tag on Elon Musk’s Twitter profile page led to a 14% jump in the cryptocurrency on ...

Published 30 Jan, 2021 03:55am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 30	279.17
USD PKR Interbank Buying / Jan 30	278.97
USD to Japanese Yen / Jan 30	154.32
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 30	6,071.17
India Sensex / Jan 30	76,759.81
Tokyo Nikkei / Jan 30	39,513.97
Nasdaq / Jan 30	19,681.75
Hang Seng / Jan 30	20,225.11
FTSE 100 / Jan 30	8,646.88
Dow Jones / Jan 30	44,882.13
Germany DAX 30 / Jan 30	21,727.20

Item	Value
Crude Oil USD/Barrel / Jan 30	72.99
Karachi Cotton PKR/37.32 KG / Jan 30	18,285
Gold 10 Grams PKR / Jan 30	248,885
Gold Spot USD/Ounce / Jan 30	2,849.50
Cotton US¢/pound / Jan 30	66.27
Petrol/Litre / Jan 31	256.13

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 30 Chenab Limited(CHBL)	9.08 ▲ 1 (12.38%)
Kohinoor Ind. / Jan 30 Kohinoor Industries Limited(KOIL)	9.26 ▲ 1 (12.11%)
PICIC Ins.Ltd. / Jan 30 PICIC Insurance Limited(PIL)	2.52 ▲ 0.23 (10.04%)
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
Sana Ind / Jan 30 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
I.C.C. Ind. / Jan 30 ICC Industries Limited(ICCI)	14.29 ▲ 1.3 (10.01%)
Ashfaq Textile / Jan 30 Ashfaq Textile Mills Limited(ASHT)	17.48 ▲ 1.59 (10.01%)
Ahmad Hassan / Jan 30 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Atlas Honda Ltd / Jan 30 Atlas Honda Limited(ATLH)	873.29 ▲ 79.39 (10%)

Stock	Price
Tariq Corp.Pref. / Jan 30 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.91 ▼ -0.97 (-12.31%)
First Capital Equities / Jan 30 First Capital Equities Limited(FCEL)	5.21 ▼ -0.68 (-11.54%)
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.35 ▼ -5.04 (-10%)
Blue-Ex Ltd / Jan 30 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Kohat Textile / Jan 30 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Hussain Industries / Jan 30 Husein Industries Limited(HUSI)	26.41 ▼ -2.45 (-8.49%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.60 ▼ -1.14 (-7.73%)
JS Investments / Jan 30 JS Investments Limited(JSIL)	21.02 ▼ -1.74 (-7.64%)
Universal Ins. / Jan 30 The Universal Insurance Company Limited(UVIC)	9.13 ▼ -0.67 (-6.84%)

Stock	Volume
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	48,078,930 ▲ 2.48
Waves Home Appliances / Jan 30 Waves Home Appliances Limited(WAVESAPP)	33,126,010 ▲ 1.16
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	31,438,642 ▲ 0.23
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.13
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▲ 0.13
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 2.73
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -1.63
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.02
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▲ 0.1