GameStop CEO Ryan Cohen fuels speculation retailer will invest its $4 6 billion cash pile in Bitcoin

Although things have tapered off, gun enthusiasts are still purchasing a lot of firearms. Big 5 Sporting Goods is one of the few notable companies to still stock rifles, shotguns and handguns. In 2022, all that changed when Troika bought out Converge, LLC, an ad tech firm generating around $21 million in profits annually. For investors unfamiliar with Troika and TRKA stock, here’s a quick summary. His work has been published in Nasdaq, Kiplinger, FXStreet, Entrepreneur, VentureBeat and InvestmentWeek.

Nvidia just updated its stock portfolio

Analysts are clearly optimistic about Rigetti Computing, with all five covering the stock giving it a “Strong Buy” rating. However, the average analyst price target is $6.10, which is well below Rigetti’s current price. While this massive jump highlights its growth potential, it also shows how quickly things can turn. After hitting its peak, the stock dropped by more than 45% in a single day on Jan. 8. Quantum computing stocks took a wild turn in early 2025, with Rigetti Computing RGTI becoming the center of speculative trading, much like GameStop GME a few years ago. The stock skyrocketed by nearly 1,445% in 2024, only to drop 25% in early 2025.

Troika Media: Reddit’s Next GameStop?

• As a result, besides relying on walk-in customers, Lowe’s online sales went up significantly.
• IStar is a real estate investment trust (REIT) specializing in ground leases.
• That would place us near the cusp of what analysts usually consider bear market territory.
• It debuted last year in one of the biggest tech IPOs of all time.
• Right when you’re down on your chips, the community swoops in and stops the affluently cynical dead in their tracks.

GameStop rose by nearly three-quarters in a single session after one of the biggest boosters of the first meme-stock frenzy returned to the internet trenches following a multi-year absence. Apparently, a cryptic post on X by Keith Gill, aka “Roaring Kitty,” was all it took to once again set off squeezes in some heavily shorted names. It comes as the number of U.S. store closures in 2025 is expected to be more than twice that of last year, reflecting the ongoing challenges faced by the retail sector. As online shopping gets ever easier and more popular, high street retail’s decline threatens companies with closure or bankruptcy if they can’t adapt to the new consumer environment. Overall, more than 2,000 stores have already closed in the U.S. this year.

Is TTD Stock a Solid Long-Term Investment?

Tom Yeung is a market analyst and portfolio Forex trading systems manager of the Omnia Portfolio, the highest-tier subscription at InvestorPlace. He is the former editor of Tom Yeung’s Profit & Protection, a free e-letter about investing to profit in good times and protecting gains during the bad. Troika has yet to see a boardroom fight end in a hostile takeover. And TRKA stock shares have been non-compliant with Nasdaq listing requirements for far less time than beaten-down BBIG stock. On the other hand, GameStop has been relatively clear about its finances and business outlook. The company has kept top-tier auditor Deloitte & Touche since 2013 and frequently updates shareholders in its detailed earnings calls.

Of course, the biggest performers in future meme stock rallies will be the stocks that inspire investor enthusiasm alongside institutional derision without already being recognized as fully-fledged meme stocks. With this in mind, I cryptocurrency broker canada believe the three stocks below have the potential to see GameStop’s levels of gains in the right market conditions. Last weekend, CEO Ryan Cohen posted a photo on social media site X with Michael Saylor, co-founder and chairman of MicroStrategy, the largest corporate holder of bitcoin.

News Tips

High short ratio stocks are a type of security that jumps in value due to increased volatility. These can include stock options, futures contracts, or anything else where the price changes based on whether investors believe there will be downward movement within six months’ time frames from now. But for a while now, there has been a lot of interest in short squeeze stocks because of the Reddit-induced frenzy we have seen this year. The quantum computing sector’s recent turbulence highlights a familiar pattern of market speculation, where technological promise collides with financial reality.

These are excellent numbers, but they are not enough to justify a market cap of $1.17 billion. So despite the outstanding revenue growth, the stock is still trading at astronomical price multiples. While Fisker has struggled for performance in recent years, the automotive firm recently announced an agreement with an institutional investor set to free up higher volumes of cash to cover operating costs.

• This forecast indicates a growth of almost 140% from the stock’s current price, suggesting potential optimism for investors.
• In other words, it’s a siren’s call for deep-value investors looking for enormous returns.
• Within the same social media thread, you’ll find ample discourse and debate.
• (To be fair, I also gave a 40% chance that Troika “runs off with all our money” and would be worth zero).
• According to CNN, it is not just GameStop that has seen the stock spike so fast that it is shocking.
• Analysts are clearly optimistic about Rigetti Computing, with all five covering the stock giving it a “Strong Buy” rating.

Reddit Stocks: Marathon Digital (MARA)

The news puts the stock on track to make its first gain https://www.forex-world.net/ in 2024 and could make its sub-$500 million market capitalization attractive for meme investors. Furthermore, the stock already experienced a boost from meme investors as the firm began flying its first commercial passengers into space in June 2023. Though many ideas undergirding fast-moving Reddit stocks have been predictable, it’s important to remember that no one market community is a monolith. Within the same social media thread, you’ll find ample discourse and debate.