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GME Jun 2024 18.500 call
| Previous close | 6.10 |
| Open | 17.05 |
| Bid | 10.15 |
| Ask | 13.15 |
| Strike | 18.50 |
| Expiry date | 2024-06-28 |
| Day's range | 10.83 - 17.05 |
| Contract range | N/A |
| Volume | |
| Open interest | 179 |
- Yahoo Finance Video
Is 'Roaring Kitty' taking advantage of retail traders?
GameStop (GME) shares are climbing after "Roaring Kitty," best known for the 2021 short squeeze, posted a screenshot to Reddit showing a nearly $175 million position in the meme stock. Citron Research Founder Andrew Left joins Market Domination Overtime to discuss why he is re-shorting the stock after being burned by the 2021 rally. Left says that today's rally is "totally different" from what happened in 2021, adding, "I personally do not believe this is his own personal money." He explains that Roaring Kitty's position is an exorbitant amount of money, and he doubts he put his entire net worth on the trade. "What he's doing right now is trying to take advantage of the retail traders, the same people that he was supposed to represent three and a half years ago," Left says, noting that he decided to short the stock because of its short interest and its capital structure changing from 2021. He explains, "I just hope the retail investors realize right now that this is not what we saw three and a half years ago." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Melanie Riehl
Yahoo FinanceGameStop stock soars after 'Roaring Kitty' reveals $175 million bet on the retailer
GameStop stock surged as a Reddit user linked with its biggest booster appeared to reveal a new bold bet on the video game retailer late Sunday.
- Yahoo Finance Video
Top tips for small businesses, retirement, taxes: Wealth!
On today's episode of Yahoo Finance's Wealth!, Host Brad Smith breaks down key information for small business owners and how to best handle some of the biggest challenges when it comes to personal finance. According to the US Small Business Administration (SBA), over 17 million small business applications have been filed under the Biden-Harris administration. BE Group Inc. Founder Suzanne Stantley explains: "The most important aspect of starting a business is really understanding the industry that that business owner is operating in," highlighting the Small Business Administration as a great source of information and assistance for small business owners. KKOS Lawyers Founding and Senior Partner Mark Kohler lays out the top tax strategies for small businesses, breaking down the differences between LLCs and S Corporations. Goldman Sachs Asset Management Senior Retirement Strategist Chris Ceder joins the show to explain the best ways to start planning for retirement, emphasizing the importance of starting early: "Time is basically our biggest friend when it comes to retirement savings. The earlier you can save, the better." Meanwhile, Yahoo Finance's Kerry Hannon breaks down how college graduates can get their finances under control and start saving money. CNET Money Editor Dashia Milden adds that Americans are grappling with high prices for items like groceries and gas, forcing them to cut back on savings as they try to manage essential purchases. Finally, Autoblog Editor-in-Chief Greg Migliore explains how electric vehicles could be a more affordable option as drivers make fewer trips to the gas pump and can receive incentives, like rebates and subsidies, for home chargers. This post was written by Melanie Riehl
