GME | Complete GameStop Corp. Cl A stock news by MarketWatch. In August, pet ecommerce company Chewy.comâs co-founder Ryan Cohen bought 10% shares of GameStop, and brought two colleagues on the board . With 5000 stores, GameStop is basically a brick-and-mortar video game retailer. I f you find trading bitcoin insufficiently hair-raising, try GameStop.It is the Texas-based video games retailer that will be hard to out-do as the stock market story of 2021. The wild GameStop ride that began more than a week ago has taken a devastating turn. GameStop Corp. is an American video game, consumer electronics, and gaming merchandise retailer. After peaking at a share price of $483 last week and holding reasonably steady through a ⦠Shares of GameStop () soared more than 1,600% in January, even though the outlook for the video game retailer continues to look grim in what's become a more digital world for gamers. Its share prices hovered around $3-$4 last year. And though the share price dipped on Monday, Feb. 1, by more than 30%, many Reddit users say they're buying more GameStop stock, convinced it'll rocket even higher. The GameStop frenzy on Wall Street has investors, and much of the internet, enraptured â not unlike a good horror movie. âThe sudden, sharp surge in GameStopâs share price and valuation likely has been fueled by a ⦠Rich Duprey | Feb 1, 2021. Stock analysis for GameStop Corp (GME:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile. The price had been as low as $6 at points last year and GameStop is not forecast to make a profit until at least 2023. GameStop's stock price is surging thanks to Reddit traders, and to the dismay of hedge fund managers. GameStop share price in revolution of our times. Find the latest GameStop Corporation (GME) stock quote, history, news and other vital information to help you with your stock trading and investing. ... Robinhood Will Let You Buy Only 1 Share of GameStop. Read more: How Reddit users grew GameStopâs stock tenfold fighting Wall Street GameStopâs share price, which closed on Tuesday at $147.98 (itâs gone over $300 today) isnât any reflection of its health or value as a company. Price as of February 1, 2021, 9:00 p.m. EST View Interactive GME Charts. GameStop share price hits dizzying heights as WallStreetBets Reddit users refuse to back down. But with the support of Reddit threads such WallStreetBets - which has more than five million subscribers - GameStop's stock this month traded between $112 and $480 a share. The plunge pushed GameStopâs share price down to about $144 per share, a day after closing at $225 per share. The video game retailerâs stock prices sat back up at $360 per share, as non-corporate traders returned a day after online brokerage apps, including Robinhood, imposed buying restrictions. GameStop's stock sat well below the $10 mark for most of 2020 until August, when Chewy founder Ryan Cohen bought a large number of shares, pushing the price up. Pachterâs price target for the retailer is $16 a share. GameStop retail frenzy âis a very poor way to stick it to the man': Interactive Brokers strategist. In such bets, called "short sales," investors borrow a share and sell it in hopes of buying it back later at a lower price and pocketing the difference. As of 31 October 2020, GameStop raked in losses amounting to US$300 million. The company is headquartered in Grapevine, ⦠View real-time stock prices and stock quotes for a full financial overview. The rising share price put pressure on short sellers and their bets for declines in GameStop shares. 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