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From Berkshire Hathaway selling over $7 billion in Bank of America stock to Donald Trump's Truth Social shares plunging, here's a look at some of the major developments from across the world.
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A proposed class action accusing Gill of securities fraud was filed on Friday in the Brooklyn, New York, federal court, but voluntarily withdrawn on Monday without explanation. The lawsuit can be refiled, according to the filing.
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GameStop’s shares closed down 1% at $28.70 on Friday. They have gained 67% since May 10, the last trading day before Gill resurfaced on social media after a three-year absence
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The company announced plans to sell up to 75 million shares, days after it made nearly $933.4 million by selling 45 million shares
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The company, which largely relies on brick-and-mortar stores and has been grappling with customers turning to e-commerce firms for buying video games and collectibles
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From GameStop's unprecedented rally to Chinese regulator's efforts to ease investor concerns over delisting, here's a look at some of the major developments from across the world.
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Thursday's surge was the latest in a bout of volatile trading in the struggling videogame seller's shares that kicked off last month after the influencer, whose real name is Keith Gill, returned to X.com after a three-year hiatus.
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From layoffs at Microsoft and Google, to a technical glitch in A-class shares of Berkshire Hathaway, here's a look at some of the major developments from across the world.
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Multiple stocks listed on the NYSE such as Berkshire Hathaway, Chipotle Mexican Grill and Barrick Gold were halted for volatility.
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The stock was set to add $4.6 billion to its market value. Roughly $1.9 billion worth of shares changed hands by 9:42 a.m. ET (1342 GMT), more than Tesla's $1.6 billion or Apple's $1 billion, according to LSEG data.
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From a former FTX executive facing a 7.5-year prison term; Nvidia nearing Apple's value to GameStop stock surging again and Porsche unveiling its hybrid 911 Carrera GTS, here's a look at recent business developments around the world.
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From China's attempts to end the property crisis, OpenAI dissolving its Superalignment team, China's Nio challenging Tesla with Onvo, and ByteDance seeking to expedite its TikTok lawsuit, here's a look at recent business developments around the world.
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The company also expects its first-quarter net sales to drop from a year ago, as customers transition to buying video games and collectibles online, while the retailer largely relies on brick and mortar stores
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From meme stocks like GameStop and AMC continuing to decline to Reddit's stock surging after news of a partnership with OpenAI, here's a look at some of the major developments from across the world
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From the US disinflation drag, AWS CEO stepping down to OpenAI co-founder Ilya Sutskever's exit, and renewed rally in meme stocks, here's a look at recent business developments around the world.
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Trading in GameStop was halted multiple times within minutes of market open due to volatility as the stock hit its highest level since June 2021.
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The video game retailer’s stock witnessed heavy volatility in pre-market as price fluctuated between gains of 100 percent to a peak of 160 percent
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It is the trader's first post on X, earlier Twitter, after being notably absent on social media platforms since mid-2021.
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Insurance players might have to dole out over $4 billion following the collapse of the Baltimore Bridge, while GameStop has laid off a chunk of their staff on falling revenues.
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As the second wave of Covid-19 sent people back indoors, the GameStop stock started rising, from $3.25 in April 2020 to $145 by January 26, 2021, and then to $469 two days later...
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GameStop announced Thursday that billionaire Ryan Cohen will take over as the chief executive, chairman and president of the video game retailer effective immediately – and he will not draw a salary.
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GameStop, which is among the so-called "meme stocks", was popular among retail investors during the pandemic in what came to be known as the "short squeeze".
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The exit was first reported by Axios, which also said the company was laying off an undisclosed number of employees, citing a memo.
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Many job listings put out by the company in 2021 indicated that the company was looking for "exceptional engineers, designers, gamers and marketers" to come aboard an Ethereum-based NFT project.
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A Securities and Exchange Commission report examining volatility in GameStop and other so-called "meme" stocks, said the wild market moves last winter highlighted the need for "potential study and further consideration" of ways to ensure "fair, order and efficient" markets.
