$GameStop(GME)$ It was likely

2
Comment
Favorite

It was likely hedge fund/institutions buying back shorts as AMC also went up on no news

GameStop Stock Soars 10% on Thursday: What's Going On?

$GameStop Corp(GME)$shares surged 10% to $30.86 on Friday, despite a lack of company-specific news for the session. The rally is potentially being driven by renewed retail enthusiasm and rising crypto

GameStop Stock Soars 10% on Thursday: What's Going On?

# GameStop Stock Surges 10% Amid Retail Enthusiasm and Crypto Trends

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

Top
Latest

No comments yet

Most Discussed

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":438079060562264,"tweetId":"438079060562264","gmtCreate":1747987419714,"gmtModify":1747988374066,"author":{"id":3572968392598415,"idStr":"3572968392598415","authorId":3572968392598415,"authorIdStr":"3572968392598415","name":"PaulMardling","avatar":"https://static.tigerbbs.com/0919d3658912343433bf81007b1c4f11","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":4,"starInvestorFlag":false},"themes":[{"themeId":"9bc1300af3ac4c8ff0d4140f0f12d22a","categoryId":"2929bb7468f5415f853fd96fb35d7c3b","name":"GameStop Stock Surges 10% Amid Retail Enthusiasm and Crypto Trends","type":2,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/special/finance&rndata={\"themeId\":9bc1300af3ac4c8ff0d4140f0f12d22a}&rnconfig={\"headerBarHidden\": true}","description":"GameStop Corp (GME) shares surged 10% to $30.86 on Friday, driven by renewed retail enthusiasm and the influence of rising cryptocurrency trends. The rally occurred despite the absence of any specific company-related news for the session."}],"images":[],"coverImages":[],"html":"<html><head></head><body><p><a href=\"https://ttm.financial/S/GME\">$GameStop(GME)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;</p>\n<p>It was likely hedge fund/institutions buying back shorts as AMC also went up on no news</p></body></html>","htmlText":"<html><head></head><body><p><a href=\"https://ttm.financial/S/GME\">$GameStop(GME)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;</p>\n<p>It was likely hedge fund/institutions buying back shorts as AMC also went up on no news</p></body></html>","text":"$GameStop(GME)$ It was likely hedge fund/institutions buying back shorts as AMC also went up on no news","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/438079060562264","repostId":1194658652,"repostType":2,"repost":{"id":"1194658652","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1747971221,"share":"https://ttm.financial/m/news/1194658652?lang=en_US&edition=fundamental","pubTime":"2025-05-23 11:33","market":"us","language":"en","title":"GameStop Stock Soars 10% on Thursday: What's Going On?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194658652","media":"Benzinga","summary":"$GameStop Corp(GME)$shares surged 10% to $30.86 on Friday, despite a lack of company-specific news for the session. The rally is potentially being driven by renewed retail enthusiasm and rising crypto","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/GME\">GameStop Corp</a>shares surged 10% to $30.86 on Thursday, despite a lack of company-specific news for the session. The rally is potentially being driven by renewed retail enthusiasm and rising crypto market momentum asBitcoinhit arecord highabove $111,000. GameStop&#39;s strategic pivot toward digital assets earlier this year could be a focal point as well.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7c48dd75f3c58756499f9f2673734a3c\" title=\"\" tg-width=\"748\" tg-height=\"624\"/></p><p style=\"text-align: start;\"><strong>What To Know:</strong> Back in February, GME stock popped after CEO Ryan Cohen posted a photo with Strategy Chairman Michael Saylor, sparking speculation that GameStop was exploring a deeper involvement with Bitcoin.</p><p style=\"text-align: start;\">Strategy is the largest corporate holder of Bitcoin. While GameStop shut down its NFT marketplace and crypto wallet offerings in 2023 due to regulatory concerns, the photo signaled a potential return to the space.</p><p>Those hints became reality in March when GameStop announced fourth-quarter earnings and revealed its board had unanimously approved Bitcoin as a treasury reserve asset. The update to its investment policy marked a major shift, aligning GameStop with other crypto-forward firms.</p><p style=\"text-align: start;\">Although fourth-quarter revenue missed expectations at $1.283 billion, earnings of 30 cents per share handily beat forecasts, and net income more than doubled year-over-year to $131.3 million. The company ended the quarter with $4.78 billion in cash and equivalents.</p><p>GameStop did not hold a conference call to discuss results, but the crypto pivot and Cohen&#39;s increased personal control of over 36 million shares have fueled ongoing speculation. As Bitcoin drives broader market gains, GameStop&#39;s strategic moves and meme-stock status could be helping push its stock higher once again.</p></body></html>","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 Stock Soars 10% on Thursday: What's Going On?</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 Stock Soars 10% on Thursday: What's Going On?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2025-05-23 11:33</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/GME\">GameStop Corp</a>shares surged 10% to $30.86 on Thursday, despite a lack of company-specific news for the session. The rally is potentially being driven by renewed retail enthusiasm and rising crypto market momentum asBitcoinhit arecord highabove $111,000. GameStop&#39;s strategic pivot toward digital assets earlier this year could be a focal point as well.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7c48dd75f3c58756499f9f2673734a3c\" title=\"\" tg-width=\"748\" tg-height=\"624\"/></p><p style=\"text-align: start;\"><strong>What To Know:</strong> Back in February, GME stock popped after CEO Ryan Cohen posted a photo with Strategy Chairman Michael Saylor, sparking speculation that GameStop was exploring a deeper involvement with Bitcoin.</p><p style=\"text-align: start;\">Strategy is the largest corporate holder of Bitcoin. While GameStop shut down its NFT marketplace and crypto wallet offerings in 2023 due to regulatory concerns, the photo signaled a potential return to the space.</p><p>Those hints became reality in March when GameStop announced fourth-quarter earnings and revealed its board had unanimously approved Bitcoin as a treasury reserve asset. The update to its investment policy marked a major shift, aligning GameStop with other crypto-forward firms.</p><p style=\"text-align: start;\">Although fourth-quarter revenue missed expectations at $1.283 billion, earnings of 30 cents per share handily beat forecasts, and net income more than doubled year-over-year to $131.3 million. The company ended the quarter with $4.78 billion in cash and equivalents.</p><p>GameStop did not hold a conference call to discuss results, but the crypto pivot and Cohen&#39;s increased personal control of over 36 million shares have fueled ongoing speculation. As Bitcoin drives broader market gains, GameStop&#39;s strategic moves and meme-stock status could be helping push its stock higher once again.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194658652","content_text":"GameStop Corpshares surged 10% to $30.86 on Thursday, despite a lack of company-specific news for the session. The rally is potentially being driven by renewed retail enthusiasm and rising crypto market momentum asBitcoinhit arecord highabove $111,000. GameStop's strategic pivot toward digital assets earlier this year could be a focal point as well.What To Know: Back in February, GME stock popped after CEO Ryan Cohen posted a photo with Strategy Chairman Michael Saylor, sparking speculation that GameStop was exploring a deeper involvement with Bitcoin.Strategy is the largest corporate holder of Bitcoin. While GameStop shut down its NFT marketplace and crypto wallet offerings in 2023 due to regulatory concerns, the photo signaled a potential return to the space.Those hints became reality in March when GameStop announced fourth-quarter earnings and revealed its board had unanimously approved Bitcoin as a treasury reserve asset. The update to its investment policy marked a major shift, aligning GameStop with other crypto-forward firms.Although fourth-quarter revenue missed expectations at $1.283 billion, earnings of 30 cents per share handily beat forecasts, and net income more than doubled year-over-year to $131.3 million. The company ended the quarter with $4.78 billion in cash and equivalents.GameStop did not hold a conference call to discuss results, but the crypto pivot and Cohen's increased personal control of over 36 million shares have fueled ongoing speculation. As Bitcoin drives broader market gains, GameStop's strategic moves and meme-stock status could be helping push its stock higher once again.","news_type":1,"symbols_score_info":{"GME":1.1}},"isVote":1,"tweetType":1,"viewCount":1222,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["GME"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":87,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}