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The Weekly Closeout: GameStop pays for CEO’s security, layoffs at Mattel

Summary by retaildive.com

The gaming retailer paid nearly $270,000 last year for Ryan Cohen’s executive security, while the toy company laid off 120 workers at its headquarters.

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The Weekly Closeout: GameStop pays for CEO’s security, layoffs at Mattel

The gaming retailer paid nearly $270,000 last year for Ryan Cohen’s executive security, while the toy company laid off 120 workers at its headquarters.

4 days ago

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99 Bitcoins

NYSE Imposes Short Sale Restriction on GameStop as Short Interest Surges 234%

The New York Stock Exchange (NYSE) has placed a Short Sale Restriction (SSR) on GameStop (GME) after the stock experienced a massive spike in short-selling activity, reminiscent of the 2021 short squeeze that rocked Wall Street. Data from TradingView shows GameStop’s short sales volume soared by 234% in just 24 hours, reaching 30.85 million shares sold short on March 27. The NYSE SSR rule is automatically triggered when a stock declines by more …

4 days ago

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Crypto Breaking News

GameStop Stocks Restricted on NYSE After Short Volume Surges 234%

The trading frenzy surrounding GameStop continues as stocks face restrictions and short selling volume on the NYSE skyrockets. Amidst the GameStop saga, brokerage platforms like Robinhood have imposed limitations on buying certain stocks, including GameStop, AMC, and others popular among retail investors. These restrictions have sparked outrage among traders and even led to several class-action lawsuits against Robinhood and other brokers. The N…

5 days ago

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Franknez.com

Veteran analyst now says they were wrong about GameStop

In a surprising turn of events, a veteran analyst has publicly revised their stance on GameStop (GME), acknowledging the company’s impressive recent performance and unexpected strategic shifts. Once labeled as a fading giant amid a traditional retail decline, GameStop is now receiving attention from investors and analysts alike due to its latest corporate maneuvers that suggest a revitalization of its business model. A Remarkable Turnaround On M…

5 days ago

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