Ryan Cohen bought $26.4 million of GME stock after the close. The shares rose about 3 percent in after-hours trading. Retail holders now face a familiar dilemma: insider conviction or the Cramer curse.
💡 Frequently Asked Questions (FAQ)
- Q: Did Ryan Cohen buy GME stock after market close?
- A: Yes, Ryan Cohen bought $26.4 million of GME stock after the close.
- Q: How did GME stock react to the insider purchase?
- A: Shares rose about 3 percent in after-hours trading following the purchase.
- Q: What is the Cramer curse referenced for GME stock?
- A: It refers to the retail dilemma where a stock rally after positive commentary or insider buying often reverses, creating fear of a sell-off.