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?
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 trade 81% below their 2021 high of $121, according to the Wall Street Journal.
Michael Burry, of The Big Short fame, has been buying shares of GameStop (NYSE:GME) again, and it might have more to do with the low price of admission than anything else.
In 2021, Michael Burry helped ignite the meme stock frenzy by accumulating a 5% stake in GameStop ( NYSE:GME ) through his Scion Asset Management fund.
Insider buying may have slowed as earnings-reporting ramps up, yet the CEO of GameStop Corp.
GameStop draws renewed attention as Michael Burry buys shares, lifting GME and putting ETFs with exposure to the retailer in focus.
An OG meme stock just got a vote of confidence from a famous investor.
GameStop shares move higher after Michael Burry says he's been buying the stock
GameStop (NYSE: GME) has recorded a fresh wave of high-profile insider buying, a move likely to sustain the bullish momentum around the stock seen in the early days of 2026.
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