GameStop price target cut as analyst cites retailer’s lack of strategy
GameStop Corp. surprised investors with a quarterly profit in its second-quarter results Tuesday, but the videogame retailer still has many challenges ahead, according to analyst firm Wedbush.
Watch These GameStop Price Levels as Stock Plummets
Key Takeaways GameStop shares plummeted in premarket trading Wednesday after the brick-and-mortar video gamer retailer announced a 20 million share offering and reported a 31% drop in quarterly sales,
GameStop CEO mulls harsh decision after earnings surprise
After reporting its latest quarterly results, GameStop shares slumped lower in early trading on September 11. GameStop , which has had only one profitable non-holiday quarter in t
GameStop’s $4B Cash Pile May Distract Investors from Its Problems
GameStop ($GME), a brick-and-mortar video game retailer and infamous meme stock, saw its share price plunge after reporting second-quarter
GameStop: Earnings Won't Save It, Dilution Points to Trouble
GameStop (NYSE: GME) posted another smoke-and-mirrors quarter, resulting in a normal market response: a fall. The results reveal a company trying hard to turn itself around but failing miserably and eating itself to death at shareholder expense—insufficient news to spark another meme-quality rally.
GameStop's Stock Falls 10% As Sales Decline
Shares of GameStop (GME) are down 10% after the video game retailer reported that its sales in this year's second quarter declined more than 30% from a year earlier. The Texas-based company announced a surprise profit for its latest quarter,
GameStop stock struggles despite earnings beat
GameStop (NYSE:GME) stock fell more than 10 per cent in premarket trading after Q2 2024 sales was short of analyst forecasts but earnings beat expectations ・GameStop reported that its net income was US$14.
GameStop Stock Stuck In Level-Up Limbo: Can It Shake Off The Bearish Trend?
GameStop CEO Ryan Cohen's failure to report the acquisition of Wells Fargo shares promptly resulted in a sharp focus on his ...
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Gamestop (GME) Price Soars 95% Today: Hidden Gem of Market Crash?
After a long downtrend, the Gamestop (GME) price has made a big comeback with a 9% surge today despite the crypto market ...
Did Anyone Notice GameStop Reinvented Itself On The Latest Kitty Call? (Rating Upgrade)
GameStop now sports $4.2 billion in cash, after raising new capital on Roaring Kitty's Meme call for higher stock prices in ...
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GameStop Makes A Surprise Profit, Warns Of Impending Store Closures
GameStop has reported earnings for the quarter that ended on August 3, and, to the surprise of some, the retailer has turned ...
GameStop Says It’s Giving $410 For PS5 Trade-Ins, But That Will Fall Fast
One way to reduce PS5 Pro's $700 cost? Trading in your current PS5, which of course, GameStop is now encouraging.
GameStop craters as earnings show sales falling and profits driven mostly by its huge cash pile
GameStop's surprise profit was driven primarily by interest earned on its $4 billion cash pile, rather than its underlying ...
GameStop prepares to shutter even more stores after disappointing second quarter
GameStop has announced that it will be closing even more brick-and-mortar locations in the coming year, after a disappointing earnings report.
GameStop's Options Frenzy: What You Need to Know
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating ...
GameStop: Likely Turning Into An Investment Company, Initiate With 'Strong Sell'
GameStop's ongoing store closures and competition will likely lead to continued revenue decline and operational challenges.