Michael Burry Reveals GameStop Stock Purchase, Shares Surge
"The Big Short" investor Michael Burry announces he's been buying GameStop shares, calling it a long-term value play. Stock jumps over 6% on the news.
"The Big Short" investor Michael Burry announces he's been buying GameStop shares, calling it a long-term value play. Stock jumps over 6% on the news.
GameStop Chairman Ryan Cohen increases his ownership to 9.2% by purchasing 500,000 additional shares at $21.12 average price, sending GME stock up 3.5% in after-hours trading.
GameStop (GME) CEO Ryan Cohen's new compensation plan offers zero guaranteed pay—only massive stock options if the company hits ambitious market cap and EBITDA targets through 2026.
GameStop shares jump 5% as Michael Burry teases new post and viral TikTok creator joins the company, sparking renewed investor interest.
GameStop's Q3 results show 5% revenue decline to $821M with stock falling, though profits beat expectations. Hardware sales slump while collectibles surge 50%.
GameStop stock rallies over 4% Friday as hedge fund manager Michael Burry posts nostalgic tweets about his early bullish position and interactions with Roaring Kitty and Ryan Cohen.