GameStop short sellers are poised to incur losses amounting to $993 million since Friday’s close. The stock, which closed at $39.89 on Friday, has surged by 72% in pre-market trading, according to data from ORTEX. This significant increase has led to substantial paper losses for those betting against the stock. The rise is partially attributed to a tweet from Roaring Kitty.
Good morning! Except for $GME shorts... $GME short sellers are set to lose $993 million since Friday’s close to now, as the stock is up 72% pre-market That was an expensive Tweet from Roaring Kitty... https://t.co/nFWWkNJy64
Good morning! Except for $GME shorts... $GME short sellers are set to lose $993 million since Friday’s close to now, as the stock is up 72% pre-market That was an expensive Tweet from RoaringKitty... https://t.co/nFWWkNJy64
BREAKING: GameStop, $GME, short sellers set to lose $993 million since Friday’s close at $39.89 premarket