GameStop's Volatile Journey Continues as Key Players Make Strategic Moves
Citron Research exits short position, GameStop amasses cash, and Keith Gill faces decisions on options while tech stocks soar.
- Andrew Left of Citron Research closes GameStop short position, citing market irrationality.
- GameStop raises over $3 billion in 25 days, becoming cash-rich despite unclear turnaround plans.
- Keith Gill faces challenging decisions with his massive GameStop options position nearing expiration.
- US stocks hit record highs, driven by tech sector gains and softer-than-expected inflation report.
- Apple sees significant investor interest in its AI plans, boosting stock performance.