GameStop's Trading Volume Slips to Lowest Level Since Early May-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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GameStop's Trading Volume Slips to Lowest Level Since Early May

Dow Jones06-27

GameStop Corp.'s trading volume fell to its lowest level in nearly eight weeks on Wednesday as the dust continues to settle after the recent meme-stock frenzy.

GameStop's $(GME)$ volume was 17.43 million, its lowest since May 2, when volume was 8.65 million, according to Dow Jones Market Data. Trading volume was well below GameStop's 65-day average of 47.57 million.

Shares of GameStop ended Wednesday down 2.9%, and have fallen three of the past four days.

GameStop shares soared last month following influential investor Keith Gill's return to social media and after a June 2 Reddit post from an account associated with Gill appeared to show him holding a big stake in the company.

Last week, GameStop CEO Ryan Cohen said he is focused on creating a "smaller network of stores" during the videogame retailer's rescheduled investor meeting.

The trading volume of fellow meme stock AMC Entertainment Holdings Inc. $(AMC)$ was 17.31 million Wednesday, its lowest since Monday, when volume was 15.03 million. Volume was well below AMC's 65-day average of 57.91 million.

AMC shares ended Wednesday's session up 3.3%, but they have fallen in six of the past eight trading days.

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PaulMardling
·06-27
It's interesting that low volume is portrayed as a negative event. If you look at the majority of the big breakouts with $GME, they usually happen after volume has decreased significantly.
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If you look at the majority of the big breakouts with $GME, they usually happen after volume has decreased significantly.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/321336398209208","repostId":2446834620,"repostType":2,"repost":{"id":"2446834620","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s 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":1719458606,"share":"https://ttm.financial/m/news/2446834620?lang=&edition=fundamental","pubTime":"2024-06-27 11:23","market":"sh","language":"en","title":"GameStop's Trading Volume Slips to Lowest Level Since Early May","url":"https://stock-news.laohu8.com/highlight/detail?id=2446834620","media":"Dow Jones","summary":"GameStop Corp.'s trading volume fell to its lowest level in nearly eight weeks on Wednesday as the dust continues to settle after the recent meme-stock frenzy.GameStop's $$ volume was 17.43 million, its lowest since May 2, when volume was 8.65 million, according to Dow Jones Market Data. 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Trading volume was well below GameStop&#39;s 65-day average of 47.57 million.</p><p>Shares of GameStop ended Wednesday down 2.9%, and have fallen three of the past four days.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d06864d531bd555065f910d028e21e4d\" tg-width=\"823\" tg-height=\"624\"/></p><p>GameStop shares soared last month following influential investor Keith Gill&#39;s return to social media and after a June 2 <a href=\"https://laohu8.com/S/RDDT\">Reddit</a> post from an account associated with Gill appeared to show him holding a big stake in the company.</p><p>Last week, GameStop CEO Ryan Cohen said he is focused on creating a &#34;smaller network of stores&#34; during the videogame retailer&#39;s rescheduled investor meeting.</p><p>The trading volume of fellow meme stock AMC Entertainment Holdings Inc. <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a> was 17.31 million Wednesday, its lowest since Monday, when volume was 15.03 million. Volume was well below AMC&#39;s 65-day average of 57.91 million.</p><p>AMC shares ended Wednesday&#39;s session up 3.3%, but they have fallen in six of the past eight trading days.</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's Trading Volume Slips to Lowest Level Since Early May</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 Trading Volume Slips to Lowest Level Since Early May\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\">2024-06-27 11:23</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>GameStop Corp.&#39;s trading volume fell to its lowest level in nearly eight weeks on Wednesday as the dust continues to settle after the recent meme-stock frenzy.</p><p>GameStop&#39;s <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> volume was 17.43 million, its lowest since May 2, when volume was 8.65 million, according to Dow Jones Market Data. Trading volume was well below GameStop&#39;s 65-day average of 47.57 million.</p><p>Shares of GameStop ended Wednesday down 2.9%, and have fallen three of the past four days.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d06864d531bd555065f910d028e21e4d\" tg-width=\"823\" tg-height=\"624\"/></p><p>GameStop shares soared last month following influential investor Keith Gill&#39;s return to social media and after a June 2 <a href=\"https://laohu8.com/S/RDDT\">Reddit</a> post from an account associated with Gill appeared to show him holding a big stake in the company.</p><p>Last week, GameStop CEO Ryan Cohen said he is focused on creating a &#34;smaller network of stores&#34; during the videogame retailer&#39;s rescheduled investor meeting.</p><p>The trading volume of fellow meme stock AMC Entertainment Holdings Inc. <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a> was 17.31 million Wednesday, its lowest since Monday, when volume was 15.03 million. Volume was well below AMC&#39;s 65-day average of 57.91 million.</p><p>AMC shares ended Wednesday&#39;s session up 3.3%, but they have fallen in six of the past eight trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4076":"电脑与电子产品零售","BK4577":"网络游戏","BK4585":"ETF&股票定投概念","BK4547":"WSB热门概念","BK4108":"电影和娱乐","BK4588":"碎股","GME":"游戏驿站","AMC":"AMC院线"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2446834620","content_text":"GameStop Corp.'s trading volume fell to its lowest level in nearly eight weeks on Wednesday as the dust continues to settle after the recent meme-stock frenzy.GameStop's $(GME)$ volume was 17.43 million, its lowest since May 2, when volume was 8.65 million, according to Dow Jones Market Data. Trading volume was well below GameStop's 65-day average of 47.57 million.Shares of GameStop ended Wednesday down 2.9%, and have fallen three of the past four days.GameStop shares soared last month following influential investor Keith Gill's return to social media and after a June 2 Reddit post from an account associated with Gill appeared to show him holding a big stake in the company.Last week, GameStop CEO Ryan Cohen said he is focused on creating a \"smaller network of stores\" during the videogame retailer's rescheduled investor meeting.The trading volume of fellow meme stock AMC Entertainment Holdings Inc. $(AMC)$ was 17.31 million Wednesday, its lowest since Monday, when volume was 15.03 million. Volume was well below AMC's 65-day average of 57.91 million.AMC shares ended Wednesday's session up 3.3%, but they have fallen in six of the past eight trading days.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":4,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}