Gamestop jumps more than 16% as Meme stocks roar higher

Shares of GameStop soared 16.3%. This is after hitting their highest level since late March. Other so-called “meme” stocks also rallied as investors shifted back into the retail favourites that had notched big gains earlier in the year. Dennis Dick, head of markets structure and proprietary trader at Bright Trading LLC said that once it goes […]

GameStop CEO gets $179 Million Goodbye Gift

George Sherman, the GameStop Corp, Chief Executive, gets a $149 million windfall before getting down this summer. This is not a very easy-go to many other larger corporation’s CEO. Experts said that this sweetheart deal was turbocharged by this year’s furious meme stock rally, compensation. The company had said that Sherman would get down by July […]