GameStop falls 42% more despite easing of broker restrictions, down more than 80% this week

cnbc2021-02-05

GameStopshares tanked again Thursday as the Reddit-fueled trade unraveled further. The stock traded lower by more than 42%, bringing the video-game retailer's losses for the week to more than 83%. The...

Source Link

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.

Comments

brendas
2021-02-07
brendas
Risk 100%
- brendas:
  -
AllenNg
2021-02-07
AllenNg
Cool
Stickyfinger
2021-02-07
Stickyfinger
Cool
- Jems:
  cool
Starfish
2021-02-07
Starfish
Buy fundamentally strong companies!
- Jems:
  yes
- Yuyujiejie:
  Yes thats eitr lkl
SSVC
2021-02-05
SSVC
Game Stop
Stephen_Ong
2021-02-05
Stephen_Ong
Sad case

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1169691325?lang=en_US&edition=fundamental","thumbnail":"https://static.tigerbbs.com/7224d1171b44118d1756efb0099fa02f","is_english":true,"pubTime":"2021-02-05 10:37","share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","id":"1169691325","market":"us","top_or_hot":-1,"title":"GameStop falls 42% more despite easing of broker restrictions, down more than 80% this week","media":"cnbc","content":"<div>\n<p>GameStopshares tanked again Thursday as the Reddit-fueled trade unraveled further.\nThe stock traded lower by more than 42%, bringing the video-game retailer's losses for the week to more than 83%.\nThe...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/04/gamestops-fall-continues-despite-easing-of-broker-restrictions-down-25percent-today-and-80percent-on-the-week.html\">Source Link</a>\n\n</div>\n","source":"cnbc_highlight","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 falls 42% more despite easing of broker restrictions, down more than 80% this week</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 falls 42% more despite easing of broker restrictions, down more than 80% this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-05 10:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/02/04/gamestops-fall-continues-despite-easing-of-broker-restrictions-down-25percent-today-and-80percent-on-the-week.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GameStopshares tanked again Thursday as the Reddit-fueled trade unraveled further.\nThe stock traded lower by more than 42%, bringing the video-game retailer's losses for the week to more than 83%.\nThe...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/04/gamestops-fall-continues-despite-easing-of-broker-restrictions-down-25percent-today-and-80percent-on-the-week.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GME","symbol_name":"游戏驿站","start_time":0,"source_url":"https://www.cnbc.com/2021/02/04/gamestops-fall-continues-despite-easing-of-broker-restrictions-down-25percent-today-and-80percent-on-the-week.html","article_id":"1169691325","we_media_id":null,"thumbnails":["https://static.tigerbbs.com/7224d1171b44118d1756efb0099fa02f"],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/02/04/gamestops-fall-continues-despite-easing-of-broker-restrictions-down-25percent-today-and-80percent-on-the-week.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1169691325","pubTimestamp":1612492674,"columns":[],"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"GameStopshares tanked again Thursday as the Reddit-fueled trade unraveled further.\nThe stock traded ","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GME":"游戏驿站"},"translate_title":"尽管放宽了对经纪人的限制，GameStop下跌了42%，本周下跌了80%以上","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GME":0.9},"content_text":"GameStopshares tanked again Thursday as the Reddit-fueled trade unraveled further.\nThe stock traded lower by more than 42%, bringing the video-game retailer's losses for the week to more than 83%.\nThe latest price drop came even after trading app Robinhood rolled back some of its trading limits on the stock.\n\nGameStop experienced a meteoric rise last week in a major short squeeze orchestrated by Reddit users. Point-and-click investors piled into the name, driving its share price up 400%, while hedge funds rushed to cover their losses from shorting the stock.\nShort selling is a strategy in which investors borrow shares of a stock at a certain price on expectations the market value will fall below that level when it's time to buy back the borrowed shares they have sold.\nMillennial-favored trading app Robinhood, which started restricting trading of a handful of stocks last week amid an increase in capital requirements from the Depository Trust & Clearing Corporation, now allows clients to purchase up to 500 shares of GameStop. Earlier this week, clients could only buy one share of the company.\nHowever, investors who own more than 500 shares can't buy additional shares.\nThe only other stock Robinhood is still restricting isAMC Entertainment. Customers can't buy any shares of the movie-theater operator if they own 5,500 shares.\nRegulators in Washington are looking into the GameStop trading mania. Treasury Secretary Janet Yellen said Tuesday she will meet with the heads of the Securities and Exchange Commission, the Commodities Futures Trading Commission and Federal Reserve officials to discuss \"whether recent activities are consistent with investor protection and fair and efficient markets.\"","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":389192308,"gmtCreate":1612710712804,"gmtModify":1704873612830,"author":{"id":"3571203337444590","authorId":"3571203337444590","name":"brendas","avatar":"https://static.tigerbbs.com/e2ed46705e008f65e490dea9dcfd40fb","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3571203337444590","authorIdStr":"3571203337444590"},"htmlText":"Risk 100%","listText":"Risk 100%","text":"Risk 100%","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/389192308","repostId":1169691325,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3511996,"gmtCreate":1612710929250,"gmtModify":1680776027205,"authorId":3571203337444590,"author":{"id":3571203337444590,"idStr":"3571203337444590","authorId":3571203337444590,"name":"brendas","avatar":"https://static.tigerbbs.com/e2ed46705e008f65e490dea9dcfd40fb","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":389192308,"type":1,"supId":0,"prevId":0,"content":"-","text":"-","html":"-"}],"langContent":"EN"},{"id":389305934,"gmtCreate":1612677690928,"gmtModify":1704873465395,"author":{"id":"3570093606582121","authorId":"3570093606582121","name":"AllenNg","avatar":"https://static.tigerbbs.com/4fe0ef88115d1cd6259e7255ff2143d6","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3570093606582121","authorIdStr":"3570093606582121"},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/389305934","repostId":1169691325,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":389961693,"gmtCreate":1612666334712,"gmtModify":1704873399244,"author":{"id":"3558598465912803","authorId":"3558598465912803","name":"Stickyfinger","avatar":"https://static.tigerbbs.com/8680b6c51cf6249a19e3bf303d10263e","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3558598465912803","authorIdStr":"3558598465912803"},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/389961693","repostId":1169691325,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3509990,"gmtCreate":1612668008657,"gmtModify":1680775998606,"authorId":3570400002121413,"author":{"id":3570400002121413,"idStr":"3570400002121413","authorId":3570400002121413,"name":"Jems","avatar":"https://static.tigerbbs.com/df92bb46e59bc93fe485730ea2188b61","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":389961693,"type":1,"supId":0,"prevId":0,"content":"<u>cool</u>","text":"<u>cool</u>","html":"<u>cool</u>"}],"langContent":"EN"},{"id":389027574,"gmtCreate":1612630376498,"gmtModify":1704873289393,"author":{"id":"3568446383261785","authorId":"3568446383261785","name":"Starfish","avatar":"https://static.tigerbbs.com/b40ec29ea0b62c7147151fc9d26fd05b","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3568446383261785","authorIdStr":"3568446383261785"},"htmlText":"Buy fundamentally strong companies!","listText":"Buy fundamentally strong companies!","text":"Buy fundamentally strong companies!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/389027574","repostId":1169691325,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3509991,"gmtCreate":1612668021873,"gmtModify":1680776000938,"authorId":3570400002121413,"author":{"id":3570400002121413,"idStr":"3570400002121413","authorId":3570400002121413,"name":"Jems","avatar":"https://static.tigerbbs.com/df92bb46e59bc93fe485730ea2188b61","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":389027574,"type":1,"supId":0,"prevId":0,"content":"<u>yes</u>","text":"<u>yes</u>","html":"<u>yes</u>"},{"id":3509956,"gmtCreate":1612667605039,"gmtModify":1680775998455,"authorId":3573106431850114,"author":{"id":3573106431850114,"idStr":"3573106431850114","authorId":3573106431850114,"name":"Yuyujiejie","avatar":"https://static.tigerbbs.com/b0380c17f80a14e72182389b60d19337","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":389027574,"type":1,"supId":0,"prevId":0,"content":"Yes thats eitr lkl ","text":"Yes thats eitr lkl ","html":"Yes thats eitr lkl "}],"langContent":"EN"},{"id":380315236,"gmtCreate":1612515526325,"gmtModify":1704872208256,"author":{"id":"3574906731000207","authorId":"3574906731000207","name":"SSVC","avatar":"https://static.tigerbbs.com/545a5ea462ff4ac7cc100bd3d8d97f72","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574906731000207","authorIdStr":"3574906731000207"},"htmlText":"Game Stop","listText":"Game Stop","text":"Game Stop","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/380315236","repostId":1169691325,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":380309747,"gmtCreate":1612511253789,"gmtModify":1704872158191,"author":{"id":"3574855311502838","authorId":"3574855311502838","name":"Stephen_Ong","avatar":"https://static.tigerbbs.com/6007ebee17e54499c7c6f8d071e5d0fe","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574855311502838","authorIdStr":"3574855311502838"},"htmlText":"Sad case&nbsp;","listText":"Sad case&nbsp;","text":"Sad case","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/380309747","repostId":1169691325,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":20,"commentSize":16,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1169691325"}