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2021-03-10

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GameStop’s Winning Streak Keeps Going Amid Cohen Shakeup Plan

GameStop Corp. extended its recent resurgence in premarket trading, with the stock gaining 16% follo

GameStop’s Winning Streak Keeps Going Amid Cohen Shakeup Plan

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Shares in other stocks favored by day traders, including&nbsp;AMC Entertainment Holdings Inc., retailer&nbsp;Express Inc.&nbsp;and headphone maker&nbsp;Koss Corp.&nbsp;also rose in premarket trading.</p>\n<p>GameStop is back on the radar of retail investors as&nbsp;Chewy Inc.&nbsp;founder and activist investor Ryan Cohen continues to shake up operations at the video-game retailer. The Grapevine, Texas-based company said Monday Cohen would&nbsp;lead a new committee&nbsp;focused on its digital transformation.</p>\n<p>“It looks like the second wave of bullish speculation has clearly kicked off,” Ipek Ozkardeskaya, senior analyst at Swissquote, said by email. “Given the massive volatility in this stock, the risk is huge as the rally in the GME stock price is boosted by expectations of future growth, and is not based on concrete results for now.”</p>\n<p><img src=\"https://static.tigerbbs.com/57283967efcb6b45be674177f9badb4a\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>Retail investors’ Reddit-driven surge has kept its shares afloat despite the broader market’s recent volatility and tech selloff. Even so, GameStop remains far from its Jan. 28 intraday record of $483.</p>\n<p>The frenzy has drawn U.S. regulators to consider&nbsp;adding rules&nbsp;for everything from options trading to short-selling. In letters to Senator Elizabeth Warren, the Securities and Exchange Commission and the Financial Industry Regulatory Authority&nbsp;said&nbsp;they’rereviewing potential&nbsp;rules to fix regulatory gaps.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop’s Winning Streak Keeps Going Amid Cohen Shakeup Plan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop’s Winning Streak Keeps Going Amid Cohen Shakeup Plan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 19:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-10/gamestop-s-winning-streak-keeps-going-amid-cohen-shakeup-plan?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GameStop Corp. extended its recent resurgence in premarket trading, with the stock gaining 16% following a five-day winning streak in which it has more than doubled.\nThe stock traded at $285.50 as of ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-10/gamestop-s-winning-streak-keeps-going-amid-cohen-shakeup-plan?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","SNDL":"SNDL Inc.","GME":"游戏驿站"},"source_url":"https://www.bloomberg.com/news/articles/2021-03-10/gamestop-s-winning-streak-keeps-going-amid-cohen-shakeup-plan?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169673025","content_text":"GameStop Corp. extended its recent resurgence in premarket trading, with the stock gaining 16% following a five-day winning streak in which it has more than doubled.\nThe stock traded at $285.50 as of 4:43 a.m. in New York compared with Tuesday’s close of $246.90. Shares in other stocks favored by day traders, including AMC Entertainment Holdings Inc., retailer Express Inc. and headphone maker Koss Corp. also rose in premarket trading.\nGameStop is back on the radar of retail investors as Chewy Inc. founder and activist investor Ryan Cohen continues to shake up operations at the video-game retailer. The Grapevine, Texas-based company said Monday Cohen would lead a new committee focused on its digital transformation.\n“It looks like the second wave of bullish speculation has clearly kicked off,” Ipek Ozkardeskaya, senior analyst at Swissquote, said by email. “Given the massive volatility in this stock, the risk is huge as the rally in the GME stock price is boosted by expectations of future growth, and is not based on concrete results for now.”\n\nRetail investors’ Reddit-driven surge has kept its shares afloat despite the broader market’s recent volatility and tech selloff. Even so, GameStop remains far from its Jan. 28 intraday record of $483.\nThe frenzy has drawn U.S. regulators to consider adding rules for everything from options trading to short-selling. In letters to Senator Elizabeth Warren, the Securities and Exchange Commission and the Financial Industry Regulatory Authority said they’rereviewing potential rules to fix regulatory gaps.","news_type":1},"isVote":1,"tweetType":1,"viewCount":52,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}