GameStop (GME) – Get the report he took a rough approach and started climbing on Wednesday after Citron Research, a short-selling vendor, said he was rubbing his bassist called live because he didn’t want to interfere with the presidential inauguration.
Shares of Grapevine, Texas, in the last control, rose nearly 1% to $ 39.72. Shares had fallen before the session.
Citron said Wednesday before it would make a call at 11:30 a.m. ET and that it will “broadcast live the 5 GameStop motifs $ GME buyers of these levels are the ones who make the most of this poker game. “
“Shares quickly return to $ 20,” the company said. “We understand short interests better than you and we’ll tell you. Thanks to viewers for receiving feedback on the latest live tweet.”
GameStop shares rose on Tuesday despite the negative forecast.
However, at 11:09 a.m. Wednesday, Citron Research announced on Twitter that it would not move forward with the flow of life.
“$ GME “It’s going to be an easy $ 20, but Citron doesn’t want to go live in the middle of a historic presidential inauguration,” Citron said. “We respect the office of the presidency and abroad and will not interfere with market comments. We look forward to the live volume. Gold Bless America.”
Joseph Biden and Kamala Harris were sworn in as president and vice president respectively Wednesday after Donald Trump’s term officially ended.
GameStop has not responded to any requests for comment, but several people shared their feelings on Twitter.
“So when you announced yesterday that you didn’t know the opening schedule.?” said a commentator. “It smells like BS.”
“Hahahahahhaa you have to joke me,” said another.
Another commenter wrote extensively: “Yes, an event that happens four years on the same day was completely unexpected.”
GameStop has recently appointed three new directors as part of its deal with RC Ventures, the company’s second largest shareholder.
One of the directors is Ryan Cohen, who runs RC Ventures. Cohen founded and was chief executive of pet product supplier Chewy (ALL) – Get the report. He led the company through its $ 3.3 billion sale to PetSmart.
In December, Citron Research released a report called DoorDash (DASH) – Get the report the “most ridiculous IPO of 2020”. Shares of the San Francisco food distribution company fell 2.3% to $ 194.15 recently.