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 retail business.
GameStop is ‘still a squeezable stock’ and could be poised for post-earnings rally
Videogame retailer and original meme stock GameStop reports second-quarter results after market close Tuesday.
GameStop Shares Plunge Over 14% After Revenue Decline
The value of GameStop’s stock continued to decline on Wednesday after the video game retailer—often the focus of meme stock trading since a viral 2021 rally—reported a decline in sales, dropping the company’s market capitalization by $2 billion.
GameStop Stock Tumbles Despite Surprise Profit in Earnings. This Is Why.
The videogame retailer reported earnings of 4 cents per share for the three months ended Aug. 4, beating expectations for a 9 cents per-share loss.
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 troubling management decisions: why shareholders should be concerned
GameStop’s latest earnings report has sent its stock plummeting by 15%, as the company struggles with underperformance. Despite an earnings per share (EPS) figure that exceeded expectations, the overall financial results fell short,
GameStop Stock Breaches $20 After Revenue Whiff
Meme stock and video game retailer GameStop (GME) is sharply lower after revenue came in below year-over-year estimates
GameStop Sinks on Revenue Drop, Stock Offering: What to Know
GameStop stock is plunging Wednesday after the video-game retailer said sales declined in Q2 and that it's selling shares to raise cash.
GameStop Stock Stuck In Level-Up Limbo: Can It Shake Off The Bearish Trend?
GameStop Corp‘s (NYSE:GME) stock price is up 17.04% year-to-date but down 12.43% over the past month. The Federal Trade ...
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 ...
Watch These GameStop Price Levels as Stock Plummets
GameStop shares plummeted in premarket trading on Wednesday after the video gamer retailer announced a 20 million share ...
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 CEO Ryan Cohen Penalized Nearly $1M Over Wells Fargo Share Acquisition
Ryan Cohen, GameStop CEO and founder of Chewy, has agreed to pay a $985,320 fine for violating the Hart-Scott-Rodino Act ...
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 ...
Meme stock GameStop slumps as revenue drop fans turnaround doubts
Shares of GameStop , a widely watched meme stock, tumbled 15% on Wednesday after the video game retailer reported a bigger ...
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.
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GameStop is 'still a squeezable stock' and could be poised for post-earnings rally
"Surprisingly although [GameStop's] stock price fell -3.4% on the earnings release the stock rallied with a +100% return in the month following the miss," Dusaniwsky wrote in a report released ...
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GameStop CEO Slapped with $1M Fine over WFC Stock Purchase
Here’s Why FTC Fined GameStop CEO Cohen. The FTC has imposed a $985,320 civil penalty on GameStop CEO Cohen as he did not ...