menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

GameStop S...
source image

TronWeekly

3d

read

62

img
dot

Image Credit: TronWeekly

GameStop Stock Plunges 22%, Triggering Short Sale Restrictions Amid Bitcoin Acquisition Plans 

  • GameStop’s stock plunges 22%, triggering NYSE short sale restrictions on March 27.
  • Short interest surged 234% to 30.85 million shares, a rare leap seen earlier in 2021.
  • GameStop plans a Bitcoin acquisition, but analysts raise concerns about its business strategy.
  • Short-selling pressure on the company decreased as the SSR rule became active.

Read Full Article

like

3 Likes

For uninterrupted reading, download the app