Krispy Kreme Stock Spikes
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The GME stock slumps 10% in 3 months as core sales sink despite cost cuts, collectibles gains and strong cash reserves.
Retail investors have begun to pile into speculative bets on small-cap companies in a buildup that resembles the meme stock frenzy of 2021.
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MarketBeat on MSNGameStop: Clarity Brings Renewed Confusion for Meme StockCEO Ryan Cohen attempted to bring clarity to the market in a televised interview. He says the company isn’t trying to be a Bitcoin repository and isn’t following in the steps of Strategy (NASDAQ: MSTR),
TheStreet. GameStop has been a dying business for more than a decade. Once it became viable to download video games directly to your device, the retail chain began its slow march to irrelevancy. Stock prices,
GameStop shares rose Monday afternoon amid heightened volatility despite no clear news or catalysts, according to Benzinga. Monday’s move followed a volatile week driven by swings in the cryptocurrency market and remarks from GameStop’s CEO.
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CNBC's Jim Cramer, host of Mad Money, ended his show by issuing some advice to the hedge funds shorting Kohl's: "Cover and move on."