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nikuku
02-13
Luck panic death š
nikuku
2022-04-13
Short is then. š
The Market For Gamestop Is Near A Turning Point
nikuku
2021-12-31
Oh no, it looks not good! Time to buy more thenā¦ š
DJ GameStop Corp. Cl A Stock Underperforms Monday When Compared To Competitors
nikuku
2021-09-09
I donāt believe what iām reading ? oh well. Itās GME. ???
Sorry, the original content has been removed
nikuku
2021-07-08
I donāt know where they get their Degrees from ?
Sorry, the original content has been removed
nikuku
2021-07-03
$Huya Inc.(HUYA)$
itās been long ? waiting for $48
nikuku
2021-06-15
$Huya Inc.(HUYA)$
HODLING :)
nikuku
2021-06-09
Dips, buy. Goes up, HODL.
nikuku
2021-06-09
$GameStop(GME)$
HODL. Doesnāt make me click sell. This is small money. Peanuts. Go for the big game. Shareholders meeting tomorrow. Dip, buy, moon, HODL. No sell button.
nikuku
2021-04-12
my shares are not here but i HODL a decent amount of GME ? on another broker. just sharing the faith and love fellow apes ? ? ??
Sorry, the original content has been removed
Go to Tiger App to see more news
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panic death š","listText":"Luck panic death š","text":"Luck panic death š","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/273598916980944","isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9017272340,"gmtCreate":1649781886310,"gmtModify":1676534574824,"author":{"id":"3580156143867730","authorId":"3580156143867730","name":"nikuku","avatar":"https://static.tigerbbs.com/756384122ab1271f9aa2ddccbc712ab0","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580156143867730","authorIdStr":"3580156143867730"},"themes":[],"htmlText":"Short is then. š","listText":"Short is then. š","text":"Short is then. š","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017272340","repostId":"1133111143","repostType":2,"repost":{"id":"1133111143","pubTimestamp":1649729120,"share":"https://ttm.financial/m/news/1133111143?lang=&edition=fundamental","pubTime":"2022-04-12 10:05","market":"us","language":"en","title":"The Market For Gamestop Is Near A Turning Point","url":"https://stock-news.laohu8.com/highlight/detail?id=1133111143","media":"marketbeat","summary":"Gamestop Is An Overly Hyped Stock Without Consistent ProfitsGamestop(NYSE: GME)Ā is one of the most h","content":"<html><head></head><body><p>Gamestop Is An Overly Hyped Stock Without Consistent Profits</p><p><b>Gamestop(NYSE: GME)</b>Ā is one of the most heavily traded stocks on Wallstreet for no reason we can think of other than hype. While the company is trying to reinvent itself in a manner that will produce consistent profits the outlook for profitability just isnāt there. The Altman Z-Score, a measure of a companyās risk of bankruptcy, gives a very low chance of insolvency that isnāt enough for us. After reviewing some of the pertinent market data, we think this market is near a turning point and it may not be one the bulls are happy with.</p><p>Insider Buys Big, Bets On Gamestop For The Win</p><p>TheĀ most recent surgeĀ in Gamestop share prices was precipitated by a large insider purchase Chairman Ryan Cohen bought $10 million worth of the shares which is a very small drop in the bucket relative to the market cap but no small amount for any investor. This news suggests he sees better than expected results unfolding, or the stock is undervalued at these levels, but weāre not buying it. Cohen may be trying to add some confidence to the market and if so, he may lose big. Other than himself, we canāt figure out who it is buying the stock other than meme-stock speculators and they arenāt a crowd we want to follow.</p><p>The institutions are still hanging on to 26% of the shares outstanding but their activity has been net-bearish on a quarterly basis for the last 5 consecutive quarters and dwindled to near zero in Q1 2022. This leaves the market without institutional support at best and in danger of another round of selling at worst. In either case, the institutional activity leaves the stock susceptible to extreme moves driven by news and/or short selling and the short-selling is still vigorous.</p><p>The last short-interest report had the interest at nearly 20% and up 5% from the previous month. We can assume that some of that interest was covered during the latest uptick in prices but the technical picture suggests the market was re-shorted at a higher price and the analysts arenāt helping the situation either. There are still twoĀ analysts rating the stock, down from 4 last year and 8 the year before, and both of them are bears. The interesting detail here is that one raised the PT to over $140 (way back in December of 2021) while the other lowered the target to $30. This has the Marketbeat.com consensus estimate at $88 and up in the 12 months, 3 months, and 1-month comparisons. The salient point, however, is the consensus target is 40% below the recent price action.</p><p>Earnings Are No Catalyst For Gamestop</p><p>Gamestop wonāt report earnings again until early June so there will be no catalyst until then. The risk in earnings is that 1) last quarter was weaker than expected despite better than expected revenue 2) the companyās losses are widening and 3) more of the same is forecast for FQ1. What will be a catalyst, is plans for a stock split that could increase the share count by more than 200%. If that comes to pass you can be sure there will be selling in this market.</p><p>The Technical Outlook: Gamestop Hits Another Top</p><p>The price action in Gamestophit another topĀ at the end of March and a lower top than before. Resistance to higher prices is now at the $200 level and we think prices will move lower before they retest that level again. The indicators have fired off a bearish signal that could take price action below the short-term moving average. In that scenario, we see downward momentum building and taking price action down to the $120 and possibly $80 levels. If the stock falls below $80 it could go back down to the pre-meme levels near $15.</p><p><img src=\"https://static.tigerbbs.com/4f05a2167e533ae8bbe537cc2cdd8145\" tg-width=\"1200\" tg-height=\"624\" width=\"100%\" height=\"auto\"/></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>The Market For Gamestop Is Near A Turning Point </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\">\nThe Market For Gamestop Is Near A Turning Point \n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-12 10:05 GMT+8 <a href=https://www.marketbeat.com/originals/the-market-for-gamestop-is-near-a-turning-point/><strong>marketbeat</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gamestop Is An Overly Hyped Stock Without Consistent ProfitsGamestop(NYSE: GME)Ā is one of the most heavily traded stocks on Wallstreet for no reason we can think of other than hype. While the company ...</p>\n\n<a href=\"https://www.marketbeat.com/originals/the-market-for-gamestop-is-near-a-turning-point/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"ęøøęé©æē«"},"source_url":"https://www.marketbeat.com/originals/the-market-for-gamestop-is-near-a-turning-point/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133111143","content_text":"Gamestop Is An Overly Hyped Stock Without Consistent ProfitsGamestop(NYSE: GME)Ā is one of the most heavily traded stocks on Wallstreet for no reason we can think of other than hype. While the company is trying to reinvent itself in a manner that will produce consistent profits the outlook for profitability just isnāt there. The Altman Z-Score, a measure of a companyās risk of bankruptcy, gives a very low chance of insolvency that isnāt enough for us. After reviewing some of the pertinent market data, we think this market is near a turning point and it may not be one the bulls are happy with.Insider Buys Big, Bets On Gamestop For The WinTheĀ most recent surgeĀ in Gamestop share prices was precipitated by a large insider purchase Chairman Ryan Cohen bought $10 million worth of the shares which is a very small drop in the bucket relative to the market cap but no small amount for any investor. This news suggests he sees better than expected results unfolding, or the stock is undervalued at these levels, but weāre not buying it. Cohen may be trying to add some confidence to the market and if so, he may lose big. Other than himself, we canāt figure out who it is buying the stock other than meme-stock speculators and they arenāt a crowd we want to follow.The institutions are still hanging on to 26% of the shares outstanding but their activity has been net-bearish on a quarterly basis for the last 5 consecutive quarters and dwindled to near zero in Q1 2022. This leaves the market without institutional support at best and in danger of another round of selling at worst. In either case, the institutional activity leaves the stock susceptible to extreme moves driven by news and/or short selling and the short-selling is still vigorous.The last short-interest report had the interest at nearly 20% and up 5% from the previous month. We can assume that some of that interest was covered during the latest uptick in prices but the technical picture suggests the market was re-shorted at a higher price and the analysts arenāt helping the situation either. There are still twoĀ analysts rating the stock, down from 4 last year and 8 the year before, and both of them are bears. The interesting detail here is that one raised the PT to over $140 (way back in December of 2021) while the other lowered the target to $30. This has the Marketbeat.com consensus estimate at $88 and up in the 12 months, 3 months, and 1-month comparisons. The salient point, however, is the consensus target is 40% below the recent price action.Earnings Are No Catalyst For GamestopGamestop wonāt report earnings again until early June so there will be no catalyst until then. The risk in earnings is that 1) last quarter was weaker than expected despite better than expected revenue 2) the companyās losses are widening and 3) more of the same is forecast for FQ1. What will be a catalyst, is plans for a stock split that could increase the share count by more than 200%. If that comes to pass you can be sure there will be selling in this market.The Technical Outlook: Gamestop Hits Another TopThe price action in Gamestophit another topĀ at the end of March and a lower top than before. Resistance to higher prices is now at the $200 level and we think prices will move lower before they retest that level again. The indicators have fired off a bearish signal that could take price action below the short-term moving average. In that scenario, we see downward momentum building and taking price action down to the $120 and possibly $80 levels. If the stock falls below $80 it could go back down to the pre-meme levels near $15.","news_type":1},"isVote":1,"tweetType":1,"viewCount":255,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9003876846,"gmtCreate":1640945200409,"gmtModify":1676533557460,"author":{"id":"3580156143867730","authorId":"3580156143867730","name":"nikuku","avatar":"https://static.tigerbbs.com/756384122ab1271f9aa2ddccbc712ab0","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580156143867730","authorIdStr":"3580156143867730"},"themes":[],"htmlText":"Oh no, it looks not good! Time to buy more thenā¦ š","listText":"Oh no, it looks not good! Time to buy more thenā¦ š","text":"Oh no, it looks not good! Time to buy more thenā¦ š","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003876846","repostId":"2194544100","repostType":2,"repost":{"id":"2194544100","weMediaInfo":{"introduction":"Dow Jones publishes the worldās most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1640642160,"share":"https://ttm.financial/m/news/2194544100?lang=&edition=fundamental","pubTime":"2021-12-28 05:56","market":"hk","language":"en","title":"DJ GameStop Corp. Cl A Stock Underperforms Monday When Compared To Competitors","url":"https://stock-news.laohu8.com/highlight/detail?id=2194544100","media":"Dow Jones","summary":"DJ GameStop Corp. Cl A Stock Underperforms Monday When Compared To Competitors\n\n\n This article was ","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nDJ GameStop Corp. Cl A Stock Underperforms Monday When Compared To Competitors\n</p>\n<p>\n This article was automatically generated by MarketWatch using technology from Automated Insights. \n</p>\n<p>\n Shares of GameStop Corp. Cl A <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> shed 2.52% to $148.31 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.38% to 4,791.19 and the Dow Jones Industrial Average rising 0.98% to 36,302.38. This was the stock's third consecutive day of losses. GameStop Corp. Cl A closed $334.69 below its 52-week high ($483.00), which the company achieved on January 28th. \n</p>\n<p>\n The stock underperformed when compared to some of its competitors Monday, as Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> rose 2.30% to $180.33, AT&T Inc. <a href=\"https://laohu8.com/S/T\">$(T)$</a> fell 0.36% to $24.78, and Best Buy Co. Inc. <a href=\"https://laohu8.com/S/BBY\">$(BBY)$</a> rose 1.02% to $99.08. Trading volume (1.6 M) remained 942,626 below its 50-day average volume of 2.6 M. \n</p>\n<p>\n Data source: Dow Jones Market Data, FactSet. Data compiled December 27, 2021. \n</p>\n<p>\n -MarketWatch Automation \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n December 27, 2021 16:56 ET (21:56 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></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>DJ GameStop Corp. Cl A Stock Underperforms Monday When Compared To Competitors</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\">\nDJ GameStop Corp. Cl A Stock Underperforms Monday When Compared To Competitors\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/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-12-28 05:56</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nDJ GameStop Corp. Cl A Stock Underperforms Monday When Compared To Competitors\n</p>\n<p>\n This article was automatically generated by MarketWatch using technology from Automated Insights. \n</p>\n<p>\n Shares of GameStop Corp. Cl A <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> shed 2.52% to $148.31 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.38% to 4,791.19 and the Dow Jones Industrial Average rising 0.98% to 36,302.38. This was the stock's third consecutive day of losses. GameStop Corp. Cl A closed $334.69 below its 52-week high ($483.00), which the company achieved on January 28th. \n</p>\n<p>\n The stock underperformed when compared to some of its competitors Monday, as Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> rose 2.30% to $180.33, AT&T Inc. <a href=\"https://laohu8.com/S/T\">$(T)$</a> fell 0.36% to $24.78, and Best Buy Co. Inc. <a href=\"https://laohu8.com/S/BBY\">$(BBY)$</a> rose 1.02% to $99.08. Trading volume (1.6 M) remained 942,626 below its 50-day average volume of 2.6 M. \n</p>\n<p>\n Data source: Dow Jones Market Data, FactSet. Data compiled December 27, 2021. \n</p>\n<p>\n -MarketWatch Automation \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n December 27, 2021 16:56 ET (21:56 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4547":"WSBēéØę¦åæµ","GME":"ęøøęé©æē«","BK4076":"ēµčäøēµåäŗ§åé¶å®"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2194544100","content_text":"DJ GameStop Corp. Cl A Stock Underperforms Monday When Compared To Competitors\n\n\n This article was automatically generated by MarketWatch using technology from Automated Insights. \n\n\n Shares of GameStop Corp. Cl A $(GME)$ shed 2.52% to $148.31 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.38% to 4,791.19 and the Dow Jones Industrial Average rising 0.98% to 36,302.38. This was the stock's third consecutive day of losses. GameStop Corp. Cl A closed $334.69 below its 52-week high ($483.00), which the company achieved on January 28th. \n\n\n The stock underperformed when compared to some of its competitors Monday, as Apple Inc. $(AAPL)$ rose 2.30% to $180.33, AT&T Inc. $(T)$ fell 0.36% to $24.78, and Best Buy Co. Inc. $(BBY)$ rose 1.02% to $99.08. Trading volume (1.6 M) remained 942,626 below its 50-day average volume of 2.6 M. \n\n\n Data source: Dow Jones Market Data, FactSet. Data compiled December 27, 2021. \n\n\n -MarketWatch Automation \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n December 27, 2021 16:56 ET (21:56 GMT)\n\n\n Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889742835,"gmtCreate":1631183402027,"gmtModify":1676530489837,"author":{"id":"3580156143867730","authorId":"3580156143867730","name":"nikuku","avatar":"https://static.tigerbbs.com/756384122ab1271f9aa2ddccbc712ab0","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580156143867730","authorIdStr":"3580156143867730"},"themes":[],"htmlText":"I donāt believe what iām reading ? oh well. Itās GME. ???","listText":"I donāt believe what iām reading ? oh well. Itās GME. ???","text":"I donāt believe what iām reading ? oh well. Itās GME. ???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/889742835","repostId":"1145747566","repostType":4,"isVote":1,"tweetType":1,"viewCount":533,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149335991,"gmtCreate":1625704428913,"gmtModify":1703746664487,"author":{"id":"3580156143867730","authorId":"3580156143867730","name":"nikuku","avatar":"https://static.tigerbbs.com/756384122ab1271f9aa2ddccbc712ab0","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580156143867730","authorIdStr":"3580156143867730"},"themes":[],"htmlText":"I donāt know where they get their Degrees from ?","listText":"I donāt know where they get their Degrees from ?","text":"I donāt know where they get their Degrees from ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149335991","repostId":"1139964769","repostType":4,"isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152507236,"gmtCreate":1625306267225,"gmtModify":1703740274650,"author":{"id":"3580156143867730","authorId":"3580156143867730","name":"nikuku","avatar":"https://static.tigerbbs.com/756384122ab1271f9aa2ddccbc712ab0","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580156143867730","authorIdStr":"3580156143867730"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HUYA\">$Huya Inc.(HUYA)$</a>itās been long ? waiting for $48","listText":"<a href=\"https://laohu8.com/S/HUYA\">$Huya Inc.(HUYA)$</a>itās been long ? waiting for $48","text":"$Huya Inc.(HUYA)$itās been long ? waiting for $48","images":[{"img":"https://static.tigerbbs.com/5ec615566180dad0dcf74972335d2664","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/152507236","isVote":1,"tweetType":1,"viewCount":592,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":187255492,"gmtCreate":1623756560616,"gmtModify":1703818245654,"author":{"id":"3580156143867730","authorId":"3580156143867730","name":"nikuku","avatar":"https://static.tigerbbs.com/756384122ab1271f9aa2ddccbc712ab0","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580156143867730","authorIdStr":"3580156143867730"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HUYA\">$Huya Inc.(HUYA)$</a>HODLING :)","listText":"<a href=\"https://laohu8.com/S/HUYA\">$Huya Inc.(HUYA)$</a>HODLING :)","text":"$Huya Inc.(HUYA)$HODLING :)","images":[{"img":"https://static.tigerbbs.com/8a67ee1856555d3e3571edc0b3385892","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187255492","isVote":1,"tweetType":1,"viewCount":316,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":180979271,"gmtCreate":1623173329393,"gmtModify":1704197720297,"author":{"id":"3580156143867730","authorId":"3580156143867730","name":"nikuku","avatar":"https://static.tigerbbs.com/756384122ab1271f9aa2ddccbc712ab0","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580156143867730","authorIdStr":"3580156143867730"},"themes":[],"htmlText":"Dips, buy. Goes up, HODL.","listText":"Dips, buy. Goes up, HODL.","text":"Dips, buy. Goes up, HODL.","images":[{"img":"https://static.tigerbbs.com/4796c8a8c3411d0a57d63ad7019c9304","width":"750","height":"2207"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/180979271","isVote":1,"tweetType":1,"viewCount":389,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":180970526,"gmtCreate":1623173211665,"gmtModify":1704197719326,"author":{"id":"3580156143867730","authorId":"3580156143867730","name":"nikuku","avatar":"https://static.tigerbbs.com/756384122ab1271f9aa2ddccbc712ab0","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580156143867730","authorIdStr":"3580156143867730"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>HODL. Doesnāt make me click sell. This is small money. Peanuts. Go for the big game. Shareholders meeting tomorrow. Dip, buy, moon, HODL. No sell button.","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>HODL. Doesnāt make me click sell. This is small money. Peanuts. Go for the big game. Shareholders meeting tomorrow. Dip, buy, moon, HODL. No sell button.","text":"$GameStop(GME)$HODL. Doesnāt make me click sell. This is small money. Peanuts. Go for the big game. Shareholders meeting tomorrow. Dip, buy, moon, HODL. No sell button.","images":[{"img":"https://static.tigerbbs.com/a4d96c1bafc175b58fada41779ac4c67","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/180970526","isVote":1,"tweetType":1,"viewCount":238,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":342567011,"gmtCreate":1618233392033,"gmtModify":1704707843016,"author":{"id":"3580156143867730","authorId":"3580156143867730","name":"nikuku","avatar":"https://static.tigerbbs.com/756384122ab1271f9aa2ddccbc712ab0","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580156143867730","authorIdStr":"3580156143867730"},"themes":[],"htmlText":"my shares are not here but i HODL a decent amount of GME ? on another broker. just sharing the faith and love fellow apes ? ? ?? ","listText":"my shares are not here but i HODL a decent amount of GME ? on another broker. just sharing the faith and love fellow apes ? ? ?? ","text":"my shares are not here but i HODL a decent amount of GME ? on another broker. just sharing the faith and love fellow apes ? ? ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/342567011","repostId":"2126970735","repostType":2,"isVote":1,"tweetType":1,"viewCount":245,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":152507236,"gmtCreate":1625306267225,"gmtModify":1703740274650,"author":{"id":"3580156143867730","authorId":"3580156143867730","name":"nikuku","avatar":"https://static.tigerbbs.com/756384122ab1271f9aa2ddccbc712ab0","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580156143867730","authorIdStr":"3580156143867730"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HUYA\">$Huya Inc.(HUYA)$</a>itās been long ? waiting for $48","listText":"<a href=\"https://laohu8.com/S/HUYA\">$Huya Inc.(HUYA)$</a>itās been long ? waiting for $48","text":"$Huya Inc.(HUYA)$itās been long ? waiting for $48","images":[{"img":"https://static.tigerbbs.com/5ec615566180dad0dcf74972335d2664","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/152507236","isVote":1,"tweetType":1,"viewCount":592,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":149335991,"gmtCreate":1625704428913,"gmtModify":1703746664487,"author":{"id":"3580156143867730","authorId":"3580156143867730","name":"nikuku","avatar":"https://static.tigerbbs.com/756384122ab1271f9aa2ddccbc712ab0","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580156143867730","authorIdStr":"3580156143867730"},"themes":[],"htmlText":"I donāt know where they get their Degrees from ?","listText":"I donāt know where they get their Degrees from ?","text":"I donāt know where they get their Degrees from ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149335991","repostId":"1139964769","repostType":4,"repost":{"id":"1139964769","pubTimestamp":1625703496,"share":"https://ttm.financial/m/news/1139964769?lang=&edition=fundamental","pubTime":"2021-07-08 08:18","market":"us","language":"en","title":"As meme stock momentum fades, AMC, GameStop fall","url":"https://stock-news.laohu8.com/highlight/detail?id=1139964769","media":"Reuters","summary":"July 7 (Reuters) - Shares in so-called meme stocks with a following among retail investors lost grou","content":"<p>July 7 (Reuters) - Shares in so-called meme stocks with a following among retail investors lost ground on Wednesday, with <a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a>(AMC.N)shares down 8.1%, on track for their fourth straight day of declines, and <a href=\"https://laohu8.com/S/GME\">GameStop</a> Corp(GME.N)falling 4.9%.</p>\n<p>AMC, which fell almost 12% in the previous three sessions, hit a record high of $72.62 in early June as members of social media platforms including <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> and Reddit's WallStreetBets urged each other to buy the stock.</p>\n<p>The cinema operator, which on Tuesday scrapped a shareholder approval request for an increase in the number of shares outstanding, was trading at $45.91 after breaching its 30-day moving average.</p>\n<p>AMC was still up about 2254% year-to-date but well below its 3624% peak gain.</p>\n<p>Shares in video game retailer GameStop traded at $189.79, compared with its Jan. 28 record of $483 when investors betting against the stock were forced to buy it to cover their bets as retail investors piled in.</p>\n<p>GameStop shares have steadily declined since it announced quarterly results and flagged upcoming share sales in early June. It was last up 906% for the year-so-far compared with a roughly 2464% peak gain.</p>\n<p>\"The momentum is fading and the enthusiasm is fading,\" said Michael OāRourke, chief market strategist at JonesTrading in Stamford, Connecticut. \"They've been pushed well beyond the appropriate fundamental valuation levels so we're starting to see some air come out.\"</p>\n<p>Some other stocks such as Newegg Commerce(NEGG.O), up 120.0%, and Data Storage Corp(DTST.O), up 39.0%, were in demand on Wednesday as they took their turn in the spotlight on forums such as Stocktwits.</p>\n<p>But other recent retail favorites were losing steam rapidly with Bsquare(BSQR.O)down 29.8% and Orbsat Corp(OSAT.O)down 12.1%.</p>\n<p>\"Yes people have made money but I also think there's a lot of retail investors that have lost a lot of money being involved in those names,\" said O'Rourke. \"The most recent rally has run it's course. I cannot predict the future but I do think the longer this goes on the idea becomes less compelling.\"</p>\n<p>Meanwhile on Reddit's WallStreetBets forum, some investors sounded anxious</p>\n<p>\"Memes pls fly,\" wrote user Twoverybigwords00.</p>\n<p>Reporting By SinĆ©ad Carew Editing by Sonya Hepinstall Editing by Sonya Hepinstall</p>","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>As meme stock momentum fades, AMC, GameStop fall</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\">\nAs meme stock momentum fades, AMC, GameStop fall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 08:18 GMT+8 <a href=https://www.reuters.com/business/meme-stock-momentum-fades-amc-gamestop-fall-2021-07-07/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>July 7 (Reuters) - Shares in so-called meme stocks with a following among retail investors lost ground on Wednesday, with AMC Entertainment(AMC.N)shares down 8.1%, on track for their fourth straight ...</p>\n\n<a href=\"https://www.reuters.com/business/meme-stock-momentum-fades-amc-gamestop-fall-2021-07-07/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMCé¢ēŗæ","GME":"ęøøęé©æē«"},"source_url":"https://www.reuters.com/business/meme-stock-momentum-fades-amc-gamestop-fall-2021-07-07/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139964769","content_text":"July 7 (Reuters) - Shares in so-called meme stocks with a following among retail investors lost ground on Wednesday, with AMC Entertainment(AMC.N)shares down 8.1%, on track for their fourth straight day of declines, and GameStop Corp(GME.N)falling 4.9%.\nAMC, which fell almost 12% in the previous three sessions, hit a record high of $72.62 in early June as members of social media platforms including Twitter and Reddit's WallStreetBets urged each other to buy the stock.\nThe cinema operator, which on Tuesday scrapped a shareholder approval request for an increase in the number of shares outstanding, was trading at $45.91 after breaching its 30-day moving average.\nAMC was still up about 2254% year-to-date but well below its 3624% peak gain.\nShares in video game retailer GameStop traded at $189.79, compared with its Jan. 28 record of $483 when investors betting against the stock were forced to buy it to cover their bets as retail investors piled in.\nGameStop shares have steadily declined since it announced quarterly results and flagged upcoming share sales in early June. It was last up 906% for the year-so-far compared with a roughly 2464% peak gain.\n\"The momentum is fading and the enthusiasm is fading,\" said Michael OāRourke, chief market strategist at JonesTrading in Stamford, Connecticut. \"They've been pushed well beyond the appropriate fundamental valuation levels so we're starting to see some air come out.\"\nSome other stocks such as Newegg Commerce(NEGG.O), up 120.0%, and Data Storage Corp(DTST.O), up 39.0%, were in demand on Wednesday as they took their turn in the spotlight on forums such as Stocktwits.\nBut other recent retail favorites were losing steam rapidly with Bsquare(BSQR.O)down 29.8% and Orbsat Corp(OSAT.O)down 12.1%.\n\"Yes people have made money but I also think there's a lot of retail investors that have lost a lot of money being involved in those names,\" said O'Rourke. \"The most recent rally has run it's course. I cannot predict the future but I do think the longer this goes on the idea becomes less compelling.\"\nMeanwhile on Reddit's WallStreetBets forum, some investors sounded anxious\n\"Memes pls fly,\" wrote user Twoverybigwords00.\nReporting By SinĆ©ad Carew Editing by Sonya Hepinstall Editing by Sonya Hepinstall","news_type":1},"isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":889742835,"gmtCreate":1631183402027,"gmtModify":1676530489837,"author":{"id":"3580156143867730","authorId":"3580156143867730","name":"nikuku","avatar":"https://static.tigerbbs.com/756384122ab1271f9aa2ddccbc712ab0","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580156143867730","authorIdStr":"3580156143867730"},"themes":[],"htmlText":"I donāt believe what iām reading ? oh well. Itās GME. ???","listText":"I donāt believe what iām reading ? oh well. Itās GME. ???","text":"I donāt believe what iām reading ? oh well. Itās GME. ???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/889742835","repostId":"1145747566","repostType":4,"repost":{"id":"1145747566","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1631142938,"share":"https://ttm.financial/m/news/1145747566?lang=&edition=fundamental","pubTime":"2021-09-09 07:15","market":"us","language":"en","title":"GameStop Stock Slumps After Wider-Than-Expected Second Quarter Loss","url":"https://stock-news.laohu8.com/highlight/detail?id=1145747566","media":"Tiger Newspress","summary":"(Update: Sept 9, 2021 at 04:09 a.m. ET)\nGameStopĀ ReportĀ posted a wider-than-expected second quarter ","content":"<p><i><b>(Update: Sept 9, 2021 at 04:09 a.m. ET)</b></i></p>\n<p>GameStop Report posted a wider-than-expected second quarter loss Wednesday, but topped Street sales forecasts as brick-and-mortar stores saw increased traffic as pandemic restrictions around the country eased.</p>\n<p>Shares of video game retailer GameStop fell about 7% in premarket trading Thursday.</p>\n<p><img src=\"https://static.tigerbbs.com/b39dbf39834fbbc4475da402e54b9356\" tg-width=\"1034\" tg-height=\"569\" width=\"100%\" height=\"auto\"></p>\n<p>GameStop said its adjusted loss for the three months ending on July 31 was pegged at 76 per share, narrowing from a loss of $1.42 per share over the same period last year but wider than the Street consensus forecast of -66 cents per share. GameStop's reported loss was 85 cents per share. Group revenues, GameStop said, rose 25.6% from last year to $1.183 billion, topping analysts estimates of $1.12 billion.</p>\n<p>During the second quarter of 2021, most of our stores in all jurisdictions returned to normal operations,\" GameStop said in a Securities & Exchange Commission filing. \"However, with the resurgence of COVID-19 cases due to variants, we experienced some temporary closures in our Australian segment prior to the end of the second quarter of 2021.</p>\n<p>The retailer did not provide an outlook for the coming quarters or take questions during its earnings conference call. It was the first call since CEO Matthew Furlong and CFO Mike Recupero joined GameStopās leadership.</p>\n<p>The retailer also said the U.S. Securities and Exchange Commission has requested additional documents for a probe into GameStop and other companiesā trading activity, which the company had disclosed in May. GameStop said the inquiry is not expected to negatively impact the company.</p>\n<p>GameStop has been trying to shift its business more toward e-commerce. In an effort to improve the delivery of online orders, the company announced it signed a lease for a 530,000-square-foot fulfillment center in Reno, Nevada. The site will help it to expand its fulfillment network across both U.S. coasts.</p>\n<p>The retailer is also working to expand its customer care operations in the U.S. by leasing a center in Pembroke Pines, Florida.</p>","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 Slumps After Wider-Than-Expected Second Quarter Loss</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 Slumps After Wider-Than-Expected Second Quarter Loss\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-09 07:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><i><b>(Update: Sept 9, 2021 at 04:09 a.m. ET)</b></i></p>\n<p>GameStop Report posted a wider-than-expected second quarter loss Wednesday, but topped Street sales forecasts as brick-and-mortar stores saw increased traffic as pandemic restrictions around the country eased.</p>\n<p>Shares of video game retailer GameStop fell about 7% in premarket trading Thursday.</p>\n<p><img src=\"https://static.tigerbbs.com/b39dbf39834fbbc4475da402e54b9356\" tg-width=\"1034\" tg-height=\"569\" width=\"100%\" height=\"auto\"></p>\n<p>GameStop said its adjusted loss for the three months ending on July 31 was pegged at 76 per share, narrowing from a loss of $1.42 per share over the same period last year but wider than the Street consensus forecast of -66 cents per share. GameStop's reported loss was 85 cents per share. Group revenues, GameStop said, rose 25.6% from last year to $1.183 billion, topping analysts estimates of $1.12 billion.</p>\n<p>During the second quarter of 2021, most of our stores in all jurisdictions returned to normal operations,\" GameStop said in a Securities & Exchange Commission filing. \"However, with the resurgence of COVID-19 cases due to variants, we experienced some temporary closures in our Australian segment prior to the end of the second quarter of 2021.</p>\n<p>The retailer did not provide an outlook for the coming quarters or take questions during its earnings conference call. It was the first call since CEO Matthew Furlong and CFO Mike Recupero joined GameStopās leadership.</p>\n<p>The retailer also said the U.S. Securities and Exchange Commission has requested additional documents for a probe into GameStop and other companiesā trading activity, which the company had disclosed in May. GameStop said the inquiry is not expected to negatively impact the company.</p>\n<p>GameStop has been trying to shift its business more toward e-commerce. In an effort to improve the delivery of online orders, the company announced it signed a lease for a 530,000-square-foot fulfillment center in Reno, Nevada. The site will help it to expand its fulfillment network across both U.S. coasts.</p>\n<p>The retailer is also working to expand its customer care operations in the U.S. by leasing a center in Pembroke Pines, Florida.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"ęøøęé©æē«"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145747566","content_text":"(Update: Sept 9, 2021 at 04:09 a.m. ET)\nGameStopĀ ReportĀ posted a wider-than-expected second quarter loss Wednesday, but topped Street sales forecasts as brick-and-mortar stores saw increased traffic as pandemic restrictions around the country eased.\nShares of video game retailerĀ GameStopĀ fell about 7% in premarket trading Thursday.\n\nGameStop said its adjusted loss for the three months ending on July 31 was pegged at 76 per share, narrowing from a loss of $1.42 per share over the same period last year but wider than the Street consensus forecast of -66 cents per share. GameStop's reported loss was 85 cents per share. Group revenues, GameStop said, rose 25.6% from last year to $1.183 billion, topping analysts estimates of $1.12 billion.\nDuring the second quarter of 2021, most of our stores in all jurisdictions returned to normal operations,\" GameStop said in a Securities & Exchange Commission filing. \"However, with the resurgence of COVID-19 cases due to variants, we experienced some temporary closures in our Australian segment prior to the end of the second quarter of 2021.\nThe retailer did not provide an outlook for the coming quarters or take questions during its earnings conference call. It was the first call since CEO Matthew Furlong and CFO Mike Recupero joined GameStopās leadership.\nThe retailer also said the U.S. Securities and Exchange Commission has requested additional documents forĀ a probe into GameStop and other companiesā trading activity, which the company had disclosed in May. GameStop said the inquiry is not expected to negatively impact the company.\nGameStop has been trying toĀ shift its business more toward e-commerce. In an effort to improve the delivery of online orders, the company announced it signed a lease for a 530,000-square-foot fulfillment center in Reno, Nevada. The site will help it to expand its fulfillment network across both U.S. coasts.\nThe retailer is also working to expand its customer care operations in the U.S. by leasing a center in Pembroke Pines, Florida.","news_type":1},"isVote":1,"tweetType":1,"viewCount":533,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180970526,"gmtCreate":1623173211665,"gmtModify":1704197719326,"author":{"id":"3580156143867730","authorId":"3580156143867730","name":"nikuku","avatar":"https://static.tigerbbs.com/756384122ab1271f9aa2ddccbc712ab0","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580156143867730","authorIdStr":"3580156143867730"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>HODL. Doesnāt make me click sell. This is small money. Peanuts. Go for the big game. Shareholders meeting tomorrow. Dip, buy, moon, HODL. No sell button.","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>HODL. Doesnāt make me click sell. This is small money. Peanuts. Go for the big game. Shareholders meeting tomorrow. Dip, buy, moon, HODL. No sell button.","text":"$GameStop(GME)$HODL. Doesnāt make me click sell. This is small money. Peanuts. Go for the big game. Shareholders meeting tomorrow. Dip, buy, moon, HODL. No sell button.","images":[{"img":"https://static.tigerbbs.com/a4d96c1bafc175b58fada41779ac4c67","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/180970526","isVote":1,"tweetType":1,"viewCount":238,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9003876846,"gmtCreate":1640945200409,"gmtModify":1676533557460,"author":{"id":"3580156143867730","authorId":"3580156143867730","name":"nikuku","avatar":"https://static.tigerbbs.com/756384122ab1271f9aa2ddccbc712ab0","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580156143867730","authorIdStr":"3580156143867730"},"themes":[],"htmlText":"Oh no, it looks not good! Time to buy more thenā¦ š","listText":"Oh no, it looks not good! Time to buy more thenā¦ š","text":"Oh no, it looks not good! Time to buy more thenā¦ š","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9003876846","repostId":"2194544100","repostType":2,"isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187255492,"gmtCreate":1623756560616,"gmtModify":1703818245654,"author":{"id":"3580156143867730","authorId":"3580156143867730","name":"nikuku","avatar":"https://static.tigerbbs.com/756384122ab1271f9aa2ddccbc712ab0","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580156143867730","authorIdStr":"3580156143867730"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HUYA\">$Huya Inc.(HUYA)$</a>HODLING :)","listText":"<a href=\"https://laohu8.com/S/HUYA\">$Huya Inc.(HUYA)$</a>HODLING :)","text":"$Huya Inc.(HUYA)$HODLING :)","images":[{"img":"https://static.tigerbbs.com/8a67ee1856555d3e3571edc0b3385892","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187255492","isVote":1,"tweetType":1,"viewCount":316,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":273598916980944,"gmtCreate":1707834519884,"gmtModify":1707834524639,"author":{"id":"3580156143867730","authorId":"3580156143867730","name":"nikuku","avatar":"https://static.tigerbbs.com/756384122ab1271f9aa2ddccbc712ab0","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580156143867730","authorIdStr":"3580156143867730"},"themes":[],"htmlText":"Luck panic death š","listText":"Luck panic death š","text":"Luck panic death š","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/273598916980944","isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9017272340,"gmtCreate":1649781886310,"gmtModify":1676534574824,"author":{"id":"3580156143867730","authorId":"3580156143867730","name":"nikuku","avatar":"https://static.tigerbbs.com/756384122ab1271f9aa2ddccbc712ab0","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580156143867730","authorIdStr":"3580156143867730"},"themes":[],"htmlText":"Short is then. š","listText":"Short is then. š","text":"Short is then. š","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017272340","repostId":"1133111143","repostType":2,"isVote":1,"tweetType":1,"viewCount":255,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":180979271,"gmtCreate":1623173329393,"gmtModify":1704197720297,"author":{"id":"3580156143867730","authorId":"3580156143867730","name":"nikuku","avatar":"https://static.tigerbbs.com/756384122ab1271f9aa2ddccbc712ab0","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580156143867730","authorIdStr":"3580156143867730"},"themes":[],"htmlText":"Dips, buy. Goes up, HODL.","listText":"Dips, buy. Goes up, HODL.","text":"Dips, buy. Goes up, HODL.","images":[{"img":"https://static.tigerbbs.com/4796c8a8c3411d0a57d63ad7019c9304","width":"750","height":"2207"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/180979271","isVote":1,"tweetType":1,"viewCount":389,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":342567011,"gmtCreate":1618233392033,"gmtModify":1704707843016,"author":{"id":"3580156143867730","authorId":"3580156143867730","name":"nikuku","avatar":"https://static.tigerbbs.com/756384122ab1271f9aa2ddccbc712ab0","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580156143867730","authorIdStr":"3580156143867730"},"themes":[],"htmlText":"my shares are not here but i HODL a decent amount of GME ? on another broker. just sharing the faith and love fellow apes ? ? ?? ","listText":"my shares are not here but i HODL a decent amount of GME ? on another broker. just sharing the faith and love fellow apes ? ? ?? ","text":"my shares are not here but i HODL a decent amount of GME ? on another broker. just sharing the faith and love fellow apes ? ? ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/342567011","repostId":"2126970735","repostType":2,"repost":{"id":"2126970735","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1617956724,"share":"https://ttm.financial/m/news/2126970735?lang=&edition=fundamental","pubTime":"2021-04-09 16:25","market":"us","language":"en","title":"GameStop's strong stock performance triggered board director's exit","url":"https://stock-news.laohu8.com/highlight/detail?id=2126970735","media":"Reuters","summary":"Hestia Capital Partners LP managing director Kurt Wolf joined GameStop Corp's board to make the U.S.","content":"<p>Hestia Capital Partners LP managing director Kurt Wolf joined GameStop Corp's board to make the U.S. video game retailer more valuable. Then it became too valuable for him to stay on.</p>\n<p>The hedge fund manager resigned his directorship this week because his investors fretted the bet on the company, which scored a paper gain of 3,500%, had become too large and risky, three people familiar with the matter said on Thursday.</p>\n<p>Giving up the board seat allows Wolf to sell GameStop shares for his investors without restrictions to meet redemption requests, the sources said.</p>\n<p>Hestia currently owns 318,600 GameStop shares valued at roughly $53.8 million. It oversaw $75.6 million in assets as of the end of March, with GameStop being its single largest investment.</p>\n<p>Hestia has a mandate to invest in \"deep value\" assets that are unloved and undervalued. GameStop's shares have been on a wild rally since January as amateur traders organized on social media platforms such as Reddit to snap them up, making them unsuitable for the kind of investing Hestia's clients hired the fund for, the sources said.</p>\n<p>Hestia returned 223.7% in the first three months of 2021 after gaining 162% last year, and Wolf now plans to unload the GameStop shares, the sources said.</p>\n<p>Wolf did not respond to emails seeking comment. GameStop said in a filing on Thursday that Wolf's resignation \"is not the result of any disagreement with the company or the board.\" It declined to comment further.</p>\n<p>Hestia originally invested in GameStop in 2019 spending an average $5 a share. A year later, when GameStop was valued at roughly $250 million, Wolf criticized the board for poor strategic planning and capital allocation and asked for a board seat for himself. GameStop shares now trade around $169 and the company is valued at roughly $12.5 billion.</p>\n<p>Emergent Capital Advisors, a hedge fund-of-funds that invests with roughly a dozen small firms like Hestia, was Hestia's biggest investor and asked for its capital back. It had invested with Hestia through a separately managed account and asked Wolf to return control of the portfolio at the end of March. In January, Wolf had already sold roughly $20 million worth of GameStop shares on behalf of Emergent when the stock price was around $20 a share, the sources said.</p>\n<p>A spokesman for Emergent Capital declined to comment.</p>\n<p>Wolf joined GameStop's board in June 2020. Within months, Ryan Cohen, the co-founder and former CEO of online pet food retailer Chewy Inc, joined Wolf on the board. He has since been spearheading its pivot from brick-and-mortar stores to e-commerce. GameStop said on Thursday Cohen would become chairman of its board later this year.</p>","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 strong stock performance triggered board director's exit</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 strong stock performance triggered board director's exit\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-09 16:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Hestia Capital Partners LP managing director Kurt Wolf joined GameStop Corp's board to make the U.S. video game retailer more valuable. Then it became too valuable for him to stay on.</p>\n<p>The hedge fund manager resigned his directorship this week because his investors fretted the bet on the company, which scored a paper gain of 3,500%, had become too large and risky, three people familiar with the matter said on Thursday.</p>\n<p>Giving up the board seat allows Wolf to sell GameStop shares for his investors without restrictions to meet redemption requests, the sources said.</p>\n<p>Hestia currently owns 318,600 GameStop shares valued at roughly $53.8 million. It oversaw $75.6 million in assets as of the end of March, with GameStop being its single largest investment.</p>\n<p>Hestia has a mandate to invest in \"deep value\" assets that are unloved and undervalued. GameStop's shares have been on a wild rally since January as amateur traders organized on social media platforms such as Reddit to snap them up, making them unsuitable for the kind of investing Hestia's clients hired the fund for, the sources said.</p>\n<p>Hestia returned 223.7% in the first three months of 2021 after gaining 162% last year, and Wolf now plans to unload the GameStop shares, the sources said.</p>\n<p>Wolf did not respond to emails seeking comment. GameStop said in a filing on Thursday that Wolf's resignation \"is not the result of any disagreement with the company or the board.\" It declined to comment further.</p>\n<p>Hestia originally invested in GameStop in 2019 spending an average $5 a share. A year later, when GameStop was valued at roughly $250 million, Wolf criticized the board for poor strategic planning and capital allocation and asked for a board seat for himself. GameStop shares now trade around $169 and the company is valued at roughly $12.5 billion.</p>\n<p>Emergent Capital Advisors, a hedge fund-of-funds that invests with roughly a dozen small firms like Hestia, was Hestia's biggest investor and asked for its capital back. It had invested with Hestia through a separately managed account and asked Wolf to return control of the portfolio at the end of March. In January, Wolf had already sold roughly $20 million worth of GameStop shares on behalf of Emergent when the stock price was around $20 a share, the sources said.</p>\n<p>A spokesman for Emergent Capital declined to comment.</p>\n<p>Wolf joined GameStop's board in June 2020. Within months, Ryan Cohen, the co-founder and former CEO of online pet food retailer Chewy Inc, joined Wolf on the board. He has since been spearheading its pivot from brick-and-mortar stores to e-commerce. GameStop said on Thursday Cohen would become chairman of its board later this year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"ęøøęé©æē«"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2126970735","content_text":"Hestia Capital Partners LP managing director Kurt Wolf joined GameStop Corp's board to make the U.S. video game retailer more valuable. Then it became too valuable for him to stay on.\nThe hedge fund manager resigned his directorship this week because his investors fretted the bet on the company, which scored a paper gain of 3,500%, had become too large and risky, three people familiar with the matter said on Thursday.\nGiving up the board seat allows Wolf to sell GameStop shares for his investors without restrictions to meet redemption requests, the sources said.\nHestia currently owns 318,600 GameStop shares valued at roughly $53.8 million. It oversaw $75.6 million in assets as of the end of March, with GameStop being its single largest investment.\nHestia has a mandate to invest in \"deep value\" assets that are unloved and undervalued. GameStop's shares have been on a wild rally since January as amateur traders organized on social media platforms such as Reddit to snap them up, making them unsuitable for the kind of investing Hestia's clients hired the fund for, the sources said.\nHestia returned 223.7% in the first three months of 2021 after gaining 162% last year, and Wolf now plans to unload the GameStop shares, the sources said.\nWolf did not respond to emails seeking comment. GameStop said in a filing on Thursday that Wolf's resignation \"is not the result of any disagreement with the company or the board.\" It declined to comment further.\nHestia originally invested in GameStop in 2019 spending an average $5 a share. A year later, when GameStop was valued at roughly $250 million, Wolf criticized the board for poor strategic planning and capital allocation and asked for a board seat for himself. GameStop shares now trade around $169 and the company is valued at roughly $12.5 billion.\nEmergent Capital Advisors, a hedge fund-of-funds that invests with roughly a dozen small firms like Hestia, was Hestia's biggest investor and asked for its capital back. It had invested with Hestia through a separately managed account and asked Wolf to return control of the portfolio at the end of March. In January, Wolf had already sold roughly $20 million worth of GameStop shares on behalf of Emergent when the stock price was around $20 a share, the sources said.\nA spokesman for Emergent Capital declined to comment.\nWolf joined GameStop's board in June 2020. Within months, Ryan Cohen, the co-founder and former CEO of online pet food retailer Chewy Inc, joined Wolf on the board. He has since been spearheading its pivot from brick-and-mortar stores to e-commerce. GameStop said on Thursday Cohen would become chairman of its board later this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":245,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}