GameStop shares rise 21% — close well off highs — as ‘Roaring Kitty’ posts account with $116 million
Meme stock GameStop rallied again Monday on speculation that Keith Gill, the man who inspired 2021′s epic short squeeze, could have a huge position in the video game retailer. Shares closed up 21% to $28 a share. It had jumped more than 70% at the open, but closed well off the highs. Gill, who goes by DeepF——Value on […]
Meme stock GameStop climbs after raising $933 million in share sales
GameStop (GME.N), opens new tab jumped 14% on Tuesday after the struggling video game retailer said it had raised $933 million by cashing in on a rally in the meme stock earlier this month. The company’s shares surged nearly six times their value in the first two weeks of May, partly fueled by the re-emergence of “Roaring Kitty” Keith Gill, a […]
Sweden fines Nasdaq $9.6 million over regulatory violations
Sweden’s financial supervisory authority has fined Nasdaq Stockholm 100 million Swedish crowns ($9.59 million) for not complying with bourse rules at several occasions in recent years, the regulator said in a statement on Wednesday. “Investigations show that, in conjunction with … four company events, there have been deficiencies in how Nasdaq Stockholm has conducted its […]