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GME Oct 2024 12.000 call
| Previous close | 8.12 |
| Open | 15.13 |
| Bid | 12.00 |
| Ask | 13.65 |
| Strike | 12.00 |
| Expiry date | 2024-10-18 |
| Day's range | 13.50 - 15.13 |
| Contract range | N/A |
| Volume | |
| Open interest | 1.74k |
- Yahoo Finance Video
What went into meme star GameStop's $933M stock sale
GameStop shares (GME) are on a tear higher Tuesday morning after the video game retailer announced it made $933 million in sales of 45 million common stock on Friday, May 24. What's next for the meme stock coming off of the latest meme trade rally earlier this month? Interactive Brokers Chief Strategist Steve Sosnick shares his thoughts on the trajectory of GameStop stock. "The fact that in GameStop is up about 20-some odd percent this morning because they sold almost $1 billion worth of stock, if this were a normal company, people would be a little bit freaked out because you don't sell stock into the market if you think your stock is undervalued," Sosnick explains. "You do it when you think your stock is overvalued." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
Investor's Business DailyDow Tumbles Below Key Levels As Nasdaq Leads With Help From Nvidia
The Nasdaq closed higher after a brief pullback, while the Dow Jones Industrial Average and the S&P 500 closed lower but off the day's lows in the stock market today. The Dow Jones index fell nearly 0.6%, off more than 200 points. The Dow closed below its 50-day moving average for the first time since May 3, and ended below the 39,000 level.
Barrons.comThese Stocks Are Moving the Most Today: GameStop, Nvidia, DraftKings, Insmed, U.S. Cellular, Duolingo, Norwegian, and More
GameStop soars after completing an offering of 45 million shares for proceeds of about $933.4 million, Nvidia stock gets a boost from an announcement that Elon Musk’s XAI raised $6 billion in the start-up’s latest fundraising round, and DraftKings tumbles as Illinois senators pass a new budget that includes a tax increase on sports-betting operators.
