Microsoft selbst warnt vor der Verwendung von Internet Explorer, da er nicht mehr den neuesten Web- und Sicherheitsstandards entspricht. Wir können daher nicht garantieren, dass die Seite im Internet Explorer in vollem Umfang funktioniert. Nutze bitte Chrome oder Firefox.

Why Shares of GameStop Jumped Today

TheMotleyFool

0 0

Why Shares of GameStop Jumped TodayPhoto, wide shot, wide-angle lens, Home appliance manufacturer, neutral atmosphere, photo by Joe Cornish: https://img.theapi.app/temp/fb3845ac-e3c6-43ef-86c1-b57ed8c272c4.png

Shares of video game retailer GameStop (NYSE: GME) jumped on Monday after Scion Asset Management reported additional stock purchases in a filing with the Securities and Exchange Commission. The investment firm, founded and run by Michael Burry, now has a 5.3% stake in the company. GameStop stock was up about 14.3% at 12:40 p.m. EDT today.

Burry first revealed a significant stake in GameStop back in August, arguing that the balance sheet was in good shape and that the retailer's cash flow justifies a much higher share price. Burry also argued for a massive share buyback program, given the beaten-down stock price.

Image source: Getty Images.

Source Fool.com

Like: 0

GME

Teilen