The frenzy surrounding GME and AMC remains ongoing, with both stocks experiencing increases of 200% and 150%, respectively, over the past five days. In the midst of this excitement, CNBC’s Mad Money host Jim Cramer suggested that the companies would be foolish not to seize the opportunity to raise capital by issuing shares. Socialite Andrew […]
Gamestop Shares Surge 70% as Roaring Kitty Returns to Social Media
Gamestop shares climbed by 70% today, representing the most significant gain since 2021, triggered by a mysterious social media post from Roaring Kitty, the figurehead of the earlier meme stock and Wall Street Bets craze. This sharp rise in the stock’s value occurred alongside pronounced trading instability and numerous suspensions. The Return of Roaring Kitty […]
Gamestop to Sunset Crypto Wallet Amid Regulatory Uncertainty; Advises Users to Secure Passphrase
Gamestop, the American retailer known for specializing in video game sales, has announced its intention to eliminate its iOS and Chrome Extension crypto wallets on November 1, 2023. The company cited the decision as a response to the existing “regulatory uncertainty of the crypto space.” Gamestop to Discontinue iOS and Chrome Extension Wallets: Regulatory Challenges […]