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2022-03-27

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GameStop stock shows rare resiliency as it rises toward longest win streak in more than 4 years

MW GameStop stock shows rare resiliency as it rises toward longest win streak in more than 4 years

GameStop stock shows rare resiliency as it rises toward longest win streak in more than 4 years

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It has rocketed 88.7% amid a nine-day winning streak. \n</p>\n<p>\n  If the gains hold, it would mark the longest win streak since the nine-day stretch that ended Nov. 29, 2017. The highlight of the streak so far was the 30.7% spike up on March 22, after a poster on subreddit WallStreetBets, in true meme-stock fashion, touted the stock as being nearly 60% undervalued. \n</p>\n<p>\n  Appropriately, the stock's nine-day performance is the best since it climbed 119.7% during the nine-day stretch ended March 12, 2021, in the midst of the boom in meme stocks. In comparison, the stock's best-ever nine-day performance was 1,006.7% through Jan. 27, 2021, at the peak of the meme-stock frenzy. \n</p>\n<p>\n  During the current win streak, GameStop investors have demonstrated a rare resiliency, as they erased two double-digit percentage intraday declines to close higher. The stock was down as much as 10.0% intraday on March 18 following disappointing fourth-quarter results before closing up 3.5%, and was down as much as 10.1% on Thursday before closing up 1.0%. \n</p>\n<p>\n  During the height of the meme-stock boom during the first quarter of 2021, the stock only reversed one double-digit intraday decline to close higher, when it plunged as much as 30.3% on March 10, 2021 before closing up 7.3%. \n</p>\n<p>\n  And only three times during the current streak did the stock show gains for the entire session. \n</p>\n<p>\n  GameStop's stock has slipped 0.7% year to date, while fellow meme-stock AMC Entertainment Holdings Inc. <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a> has tumbled 25.2% and the S&amp;P 500 index  has lost 5.2%. \n</p>\n<p>\n  -Tomi Kilgore \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  March 25, 2022 13:06 ET (17:06 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop stock shows rare resiliency as it rises toward longest win streak in more than 4 years</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop stock shows rare resiliency as it rises toward longest win streak in more than 4 years\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-03-26 01:06</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW GameStop stock shows rare resiliency as it rises toward longest win streak in more than 4 years\n</p>\n<p>\n  By Tomi Kilgore \n</p>\n<p>\n  Stock has erased intraday declines of 10% twice during current meme-like stretch of gains \n</p>\n<p>\n  Shares of GameStop Corp. rallied Friday, to extend the win streak that started nine trading days ago after closing at a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-year low. \n</p>\n<p>\n  The videogame and consumer electronics retailer's stock <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> charged up as much as 11.1% intraday before paring gains to be up 3.5% in midday trading. It has rocketed 88.7% amid a nine-day winning streak. \n</p>\n<p>\n  If the gains hold, it would mark the longest win streak since the nine-day stretch that ended Nov. 29, 2017. The highlight of the streak so far was the 30.7% spike up on March 22, after a poster on subreddit WallStreetBets, in true meme-stock fashion, touted the stock as being nearly 60% undervalued. \n</p>\n<p>\n  Appropriately, the stock's nine-day performance is the best since it climbed 119.7% during the nine-day stretch ended March 12, 2021, in the midst of the boom in meme stocks. In comparison, the stock's best-ever nine-day performance was 1,006.7% through Jan. 27, 2021, at the peak of the meme-stock frenzy. \n</p>\n<p>\n  During the current win streak, GameStop investors have demonstrated a rare resiliency, as they erased two double-digit percentage intraday declines to close higher. The stock was down as much as 10.0% intraday on March 18 following disappointing fourth-quarter results before closing up 3.5%, and was down as much as 10.1% on Thursday before closing up 1.0%. \n</p>\n<p>\n  During the height of the meme-stock boom during the first quarter of 2021, the stock only reversed one double-digit intraday decline to close higher, when it plunged as much as 30.3% on March 10, 2021 before closing up 7.3%. \n</p>\n<p>\n  And only three times during the current streak did the stock show gains for the entire session. \n</p>\n<p>\n  GameStop's stock has slipped 0.7% year to date, while fellow meme-stock AMC Entertainment Holdings Inc. <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a> has tumbled 25.2% and the S&amp;P 500 index  has lost 5.2%. \n</p>\n<p>\n  -Tomi Kilgore \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  March 25, 2022 13:06 ET (17:06 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","BK4076":"电脑与电子产品零售","GME":"游戏驿站","BK4577":"网络游戏","BK4547":"WSB热门概念"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2222783678","content_text":"MW GameStop stock shows rare resiliency as it rises toward longest win streak in more than 4 years\n\n\n  By Tomi Kilgore \n\n\n  Stock has erased intraday declines of 10% twice during current meme-like stretch of gains \n\n\n  Shares of GameStop Corp. rallied Friday, to extend the win streak that started nine trading days ago after closing at a one-year low. \n\n\n  The videogame and consumer electronics retailer's stock $(GME)$ charged up as much as 11.1% intraday before paring gains to be up 3.5% in midday trading. It has rocketed 88.7% amid a nine-day winning streak. \n\n\n  If the gains hold, it would mark the longest win streak since the nine-day stretch that ended Nov. 29, 2017. The highlight of the streak so far was the 30.7% spike up on March 22, after a poster on subreddit WallStreetBets, in true meme-stock fashion, touted the stock as being nearly 60% undervalued. \n\n\n  Appropriately, the stock's nine-day performance is the best since it climbed 119.7% during the nine-day stretch ended March 12, 2021, in the midst of the boom in meme stocks. In comparison, the stock's best-ever nine-day performance was 1,006.7% through Jan. 27, 2021, at the peak of the meme-stock frenzy. \n\n\n  During the current win streak, GameStop investors have demonstrated a rare resiliency, as they erased two double-digit percentage intraday declines to close higher. The stock was down as much as 10.0% intraday on March 18 following disappointing fourth-quarter results before closing up 3.5%, and was down as much as 10.1% on Thursday before closing up 1.0%. \n\n\n  During the height of the meme-stock boom during the first quarter of 2021, the stock only reversed one double-digit intraday decline to close higher, when it plunged as much as 30.3% on March 10, 2021 before closing up 7.3%. \n\n\n  And only three times during the current streak did the stock show gains for the entire session. \n\n\n  GameStop's stock has slipped 0.7% year to date, while fellow meme-stock AMC Entertainment Holdings Inc. $(AMC)$ has tumbled 25.2% and the S&P 500 index  has lost 5.2%. \n\n\n  -Tomi Kilgore \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  March 25, 2022 13:06 ET (17:06 GMT)\n\n\n  Copyright (c) 2022 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":633,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}