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ASX Small Cap Lunch Wrap: Who’s holding Queensland marine engine suppliers today? – Stockhead
After all the trading excitement around video games retailer GameStop (NYSE:GME) it seems there is to be no grand finale. At one stage last week the US retailer…
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After all the trading excitement around video games retailer GameStop (NYSE:GME) it seems there is to be no grand finale.
At one stage last week the US retailer had a market value of $US24bn ($31.3bn), but at the close of the New York stock market last night this was down to $US6.2bn.
GameStop’s share price slipped 60 per cent Tuesday to a mere $US90 per share, down from a peak of $US347 last Wednesday.
The legendary squeeze of short sellers in GameStop’s stock appears to…
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