What is Shorting?Shorting refers to the practice of selling an asset (such as stocks or commodities) that the seller does not own with the expectation that its price will decline. The seller aims to buy back the asset at a lower price, making a profit from the price difference.Is Shorting Worth it? Learn from Other’s Experience“The whole purpose of education is to run mirrors into windows.” ~ Sydney J. HarrisIndividuals who can look beyond their own beliefs, biases, and experiences and learn through others ...

Meme stocks have come a long way since early 2021. What qualified as a meme stock back then doesn’t pass muster today. Although the companies in both groups are hugely popular and witnessed large price movements as a result, the original cast was mainly those that had large short positions that could be exploited by traders. GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC) became the face of the meme stock frenzy because of it. That no longer seems to be a requirement. Today, meme stocks look more like ...

While WallStreetBets is not as a commanding name as it was at the height of the GameStop (NYSE: GME) meme stock craze, it remains a highly influential gathering place for retail investors, speculators, day traders, online trolls, and talented stock market theorists and analysts from every walk of life.Indeed, the message board still boasts an active community, approximately 15 million strong as of February 22, and WallStreetBets’ comings and goings still influence global markets and can serve as a way to pe ...

The semiconductor industry is currently carrying the stock market, with some companies recording strong performances. Super Micro Computer (NASDAQ: SMCI) is the strongest of them all, as it breached the $1,000 valuation per stock and recorded a daily RSI above 97, its highest ever.It seems that the sky’s the limit for this stock, but there appears to be an ominous sign among all these gains.Specifically, the sole additional stock to have achieved a daily RSI exceeding 97 was GameStop (NYSE: GME) on January ...

The video gaming business continues to be the fastest growing segment of the entertainment industry. Grand View Research forecasts that the global video game market will grow at a compound annual growth rate (CAGR) of 13.4% between now and 2030. Eventually, it will reach $583.69 billion in revenue for consoles, hardware, and games combined. Video games are increasingly diverse and played across a range of platforms, including consoles, desktop computers, and smartphones. Made for mobile devices, they are on ...

Shares of GameStop Corp. ended Monday’s session down 8.6%, with the stock registering its biggest daily percentage decline in two months.Monday’s decline was the largest since Dec. 5, 2023, when the stock fell 12.2%, Dow Jones Market Data show.The video-game retailer and original meme stock has seen its shares slide recently. GameStop’s GME, -8.62% market capitalization is now $4.5 billion, a far cry from the company’s meme-stock heyday in 2021, when its cap surpassed $17 billion. GameStop shares rallied in ...

The term “meme investing” shot into public consciousness in January 2021 when high volumes of retail investors orchestrated a short squeeze on GameStop (NYSE:GME) stock to cause a sharp rally of over 1,500% in a matter of days. Forming the backdrop to the exceptional circumstances of GameStop was a cryptocurrency rally that ultimately saw Bitcoin (BTC-USD) reach an all-time high value of $69,000. That crypto rally played a key role in igniting the interest of individuals keen to embrace the world of investi ...

Shares of videogame retailer and original meme stock GameStop Corp. are down 5% Tuesday, putting the stock on pace to snap a four-day winning streak.  The shares are also on track to register their biggest daily percentage decline since Jan. 16, when they fell 5.2%. The company’s stock has been down 11 of the last 17 trading days. ...

Video game retailer GameStop (NYSE: GME) has encountered a challenging start to the year as its stock faces a downturn aligning with the general market. The decline in stock comes as the company, under the guidance of CEO Ryan Cohen, works on implementing cost-cutting strategies and refocusing its operations.The strategic shift involves a renewed emphasis on GameStop’s core business, which includes selling games, consoles, and gaming merchandise. At the same time, peripheral activities have seen reduced exp ...

Shares of video game retailer and original meme stock GameStop Corp. are on pace to register their biggest daily percentage decline since early December. GameStop’s GME, -5.15% stock is down 5.5% Tuesday, putting it on track for its biggest decline since Dec. 5, 2023, when it fell 12.2%. The shares are also on pace to extend their losing streak to three days. GameStop’s stock is currently down seven of the last eight days. ...