|Bid||99.01 x 1000|
|Ask||99.45 x 1200|
|Day's range||90.19 - 101.97|
|52-week range||77.58 - 344.66|
|Beta (5Y monthly)||-1.01|
|PE ratio (TTM)||N/A|
|Earnings date||07 Jun 2022 - 13 Jun 2022|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||14 Mar 2019|
|1y target est||47.67|
Yahoo Finance's Akiko Fujita and Brian Cheung report news that Melvin Capital, the hedge fund that shorted GameStop in 2021, is winding down its funds.
It seems everyone from teen and young adults clothier American Eagle Outfitters (NYSE: AEO) to GameStop (NYSE: GME) and Best Buy (NYSE: BBY) -- two stocks that cater to the videogamer set -- are in a tailspin today. As of 11:20 a.m. ET, American Eagle stock is losing 6.2%, GameStop's down 7.2%, and Best Buy is leading the retail sector lower with a 10% loss.
Ray Dalio's Bridgewater Associates, the world's largest hedge fund, has parted ways with its stake in Tesla and placed new bets on meme-stocks AMC and GameStop during the first quarter.