Greg Foreman
@BlackConservativePerspective·987K subscribers·9.1K videos
WallStreetBets & Elon Musk Team Up To Cause WallStreet Short Sellers To Lose BILLIONS On GameStop
Posted
January 27, 2021
Views
12,008
Likes
1,373
Comments
157
Engagement
January 27, 2021
12,008
1,373
157
12.74%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
12:48Now Playing🤙🏾 Patreon
🏃♂️Follow me on Twitter@gforemanBCP
💼 My Start Up
Shares of GameStop surged again Wednesday, continuing the streak of wild swings for the stock as several high-profile short sellers said they had backed away from their positions.
The name traded at roughly $337 per share when it was briefly halted shortly after 1 p.m. ET, up almost 128% from Tuesday’s close and giving the company a market cap of about $23 billion. The stock traded as high as $380 per share in premarket trading.
The latest move higher comes as some of the high-profile short sellers of GameStop, including Melvin Capital and Citron, announced that they covered most or all of their positions.
The stock lost some of its premarket gains after the short sellers made their announcements, but the shares rebounded to new highs shortly before the market open.
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
