GameStop Aktie News

SUMMARY: Michael Burry, the famed investor known for The Big Short, has made a surprising move by taking a significant position in GameStop, a stock long associated with the meme-stock phenomenon.

The metal's price action has drawn growing comparisons to meme stocks such as GameStop. Michael Antonelli, market strategist at Bull and Baird: "How is Silver different than, say, GameStop?

Store closures in the U.S. are expected to fall to the lowest level in the past three years, as the retail industry moves beyond a major wave of bankruptcies. Dollar General, Aldi and Tractor Supply top the list of retailers with the most planned store openings this year, according to the retail advisory group, as value-focused retail continues to attract consumers.

Michael Burry is betting big that GameStop CEO Ryan Cohen can become a Warren Buffett-type figure. Cohen has so far not made any investments comparable to Buffett's purchases of American Express or Coca-Cola.

GameStop hopes to pull off a "very, very, very big" acquisition of a larger consumer company, its CEO Ryan Cohen told CNBC. Cohen did not say whether he would sell the company's bitcoin to try to pull off the deal.

GameStop shares rose Friday after CEO Ryan Cohen said the videogame retailer is looking to acquire a publicly traded company, a move that could boost its market cap—and his own compensation.

GameStop shares trade 81% below their 2021 high of $121, according to the Wall Street Journal.

Billionaire Ryan Cohen said he is eyeing a major acquisition—and famed “Big Short” investor Michael Burry is cheering him on.