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UPDATE GameStop's stock closes today at $347.23 per share; up from under $4 last year
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<blockquote data-quote="Ericzander" data-source="post: 9343337" data-attributes="member: 346129"><p style="text-align: center"><img src="https://i.imgur.com/zD44OtQ.png" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p><p></p><p>GameStop, the world's biggest retail video game chain has had a wild and turbulent 12 months to say the least. As the video game market continues on its inevitable trek to becoming more and more of an entirely digital industry, GameStop has clearly been struggling to adjust to the changes. GameStop drama has been covered here on GBAtemp in the past, from its switch to focusing on merchandise and legacy games, to its decision to remain open following the COVID-19 pandemic, to its reversal of that decision. However, perhaps GameStop's craziest story has very little to do with the financial success of the company itself.</p><p></p><p>Prior to this month, GME (GameStop's stock ticker)'s 5 year high was approximately $33 in April of 2016. However, that figure drastically plunged down to under $4 in 2020. This month however, that figure has absolutely skyrocketed above anybody's expectations--closing out today (January 27th) at $347.23 a share. Many factors went into this large stock price; primarily a battle waging between investors of the /r/wallstreetbets subreddit and the short seller Melvin Capital. In essence, Melvin is betting that the stock price will fall below $60 by Friday, while hundreds of thousands of investors on /r/wallstreetbets have been rallying together to keep the price above $60 in hopes that it will skyrocket even further. Allegedly, "$1,000 GME by EoW is not a meme!"</p><p></p><p>Always remember to invest at your own risk, and know that nothing posted on GBAtemp or /r/wallstreetbets regarding this situation should be construed as financial advice.</p><p></p><p><img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite62" alt=":arrow:" title="arrow :arrow:" loading="lazy" data-shortname=":arrow:" /> <a href="https://www.reddit.com/r/wallstreetbets/comments/l5ne0q/the_gme_thread_part_3_for_january_26_2020/" target="_blank">Source</a></p></blockquote><p></p>
[QUOTE="Ericzander, post: 9343337, member: 346129"] [CENTER][IMG]https://i.imgur.com/zD44OtQ.png[/IMG][/CENTER] GameStop, the world's biggest retail video game chain has had a wild and turbulent 12 months to say the least. As the video game market continues on its inevitable trek to becoming more and more of an entirely digital industry, GameStop has clearly been struggling to adjust to the changes. GameStop drama has been covered here on GBAtemp in the past, from its switch to focusing on merchandise and legacy games, to its decision to remain open following the COVID-19 pandemic, to its reversal of that decision. However, perhaps GameStop's craziest story has very little to do with the financial success of the company itself. Prior to this month, GME (GameStop's stock ticker)'s 5 year high was approximately $33 in April of 2016. However, that figure drastically plunged down to under $4 in 2020. This month however, that figure has absolutely skyrocketed above anybody's expectations--closing out today (January 27th) at $347.23 a share. Many factors went into this large stock price; primarily a battle waging between investors of the /r/wallstreetbets subreddit and the short seller Melvin Capital. In essence, Melvin is betting that the stock price will fall below $60 by Friday, while hundreds of thousands of investors on /r/wallstreetbets have been rallying together to keep the price above $60 in hopes that it will skyrocket even further. Allegedly, "$1,000 GME by EoW is not a meme!" Always remember to invest at your own risk, and know that nothing posted on GBAtemp or /r/wallstreetbets regarding this situation should be construed as financial advice. :arrow: [URL='https://www.reddit.com/r/wallstreetbets/comments/l5ne0q/the_gme_thread_part_3_for_january_26_2020/']Source[/URL] [/QUOTE]
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UPDATE GameStop's stock closes today at $347.23 per share; up from under $4 last year
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@
Xdqwerty
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@SylverReZ
, i meant as in sites and apps to watch anime
+1
Today at 3:04 AM
@
SylverReZ
:
@Xdqwerty
, Ah, yeah, those ones.
+1
Today at 3:04 AM
@
SylverReZ
:
*puts on my pirate hat* Go ahead.
+1
Today at 3:04 AM
@
Xdqwerty
:
@SylverReZ
, although maybe tommorrow bc it's already 10 pm here
+1
Today at 3:06 AM
@
SylverReZ
:
@Xdqwerty
, Good night Xdqwerty.
+1
Today at 3:07 AM
@
Xdqwerty
:
@SylverReZ
, same
+1
Today at 3:07 AM
@
K3Nv2
:
F u c Y to the k
Today at 3:14 AM
@
Xdqwerty
:
@K3Nv2
, F u c k to the Y
Today at 3:16 AM
@
K3Nv2
:
Y
Today at 3:16 AM
@
Xdqwerty
:
@K3Nv2
, Z
Today at 3:17 AM
@
K3Nv2
:
Zero
Today at 3:18 AM
@
Xdqwerty
:
@K3Nv2
, Dr Willy
Today at 3:18 AM
@
K3Nv2
:
https://abcnews.go.com/US/3-swimmers-attacked-sharks-off-florida-panhandle/story?id=110942862
Today at 3:26 AM
@
BakerMan
:
yo guys the sonic x shadow generations trailer dropped today, and shadow just straight up decided, and i hate (love) to bring this dead meme up, but, it's morbin time
Today at 3:40 AM
@
BakerMan
:
also the game drops oct 25, so does call of duty black ops 6, i guess barbenheimer is happening again
Today at 3:41 AM
@
SylverReZ
:
@K3Nv2
, Dang it, Psi.
53 minutes ago
@
K3Nv2
:
Shark tales
+1
52 minutes ago
@
BakerMan
:
where else but florida?
52 minutes ago
@
BakerMan
:
florida men just a different breed
+1
51 minutes ago
@
SylverReZ
:
https://www.foxnews.com/us/man-sexual-assault-olaf-target
51 minutes ago
@
BakerMan
:
are we talking the snowman from frozen? that olaf?
+1
50 minutes ago
@
SylverReZ
:
Yes lol
50 minutes ago
@
BakerMan
:
oh no bro
50 minutes ago
@
SylverReZ
:
>Florida man violates an Olaf plush.
He couldn't let it go with that one.
50 minutes ago
@
K3Nv2
:
Floridawoman is the only thing that can ruin Floridaman
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47 minutes ago
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K3Nv2
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Floridawoman is the only thing that can ruin Floridaman
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