June 7, 2024 (Globalinvestorideas.com Newswire) Globalinvestorideas.com, a go-to platform for big investing ideas, reports on trading for GameStop Corp. (NYSE: GME).
The battle and power of the retail investors versus the institutions of Wall Street continues. As E-Trade threatens to remove meme leader Keith Gill, known as Roaring Kitty @TheRoaringKitty from their platform, traders let the games begin.
The stock was incited by Keith Gill letting traders know that a livestream on his YouTube Channel was scheduled for Friday at noon ET
In Thursday’s trading session, the stock closed at 46.55, up $14.98 for a win of 47.45% on the day and continued its climb after hours to soar to 61.27, up another 14.72.
The meme stock’s volume was over 187 Million shares on Thursday, with a high of $47.50.
The stock is down in this morning trades as the market falls on jobs data and the US dollar once again dominates the narrative.
The stock is trading at $37.67, down $8.88 or 19.06% in today’s morning trading, but as we have seen many times over with this stock; this game is not over!
And as a lesson from the Journey song “Don’t Stop Believin'” that peaked at #9 on the Billboard Chart in 1981; it was later named the biggest song of all time!
Recent News:
https://finance.yahoo.com/news/gamestop-completes-market-equity-offering-200700812.html
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