Maybe It's Time to Buy Some GameStop Stock
The core business suffers and contracts, but the cash balance has proven sufficient to produce profitability, and now we know what CEO Ryan Cohen wants to do with it.
GameStop-Themed Memecoin Takes Sharp U-Turn, Tanks 94% After Company's New Debt Offering To Buy Bitcoin
A cryptocurrency named after GameStop Corp. GME, which jumped more than fivefold due to the firm's Bitcoin BTC/USD treasury strategy, dramatically reversed course on Wednesday.
Should Investors Chase the Rally in GameStop (GME) Stock After Q4 Earnings?
GameStop (GME) shares popped +11% in today's trading session as the world's largest video game retailer was able to crush its Q4 earnings expectations after-market hours on Tuesday.
GameStop to close 'significant number' of stores in 2025, invest in bitcoin
Video game retailer GameStop on Tuesday announced that it anticipates closing a "significant number" of stores in fiscal 2025 and will invest company cash in bitcoin.
GameStop Stock Pops With Bitcoin Now Part of Its Investment Policy
GameStop (GME) shares were up around 14% Wednesday, a day after the retailer released fourth-quarter results and announced the addition of Bitcoin (BTCUSD) to its corporate investment policy.
US-China trade tensions, GameStop stock surges, Dollar Tree earnings
Madison Mills and Brad Smith take a closer look at the day for Wednesday, March 26, alongside top experts on Morning Brief. The Yahoo Finance team examines GameStop and Dollar Tree earnings reports as investors digest the results.
GameStop Q4 Earnings Beat Estimates, Collectibles Sales Rise Y/Y
GME's fiscal fourth-quarter results reflect lower y/y sales. However, the gross margin expands 490 bps to 28.3% in the quarter.
GameStop price target boosted by analysts as fourth quarter profit surprises
GameStop Corp (NYSE:GME) posted a rare operating profit for the fourth quarter despite a sharp decline in revenue, prompting Wedbush analysts to boost their price target on the video game retailer while repeating their ‘Underperform' rating. “We are raising our price target from $10 to $11.50 to reflect the company's cash balance of approximately $10.50 per share plus $1 in going concern value,” the analysts wrote.
Wall Street sets GameStop stock 12-month price target
GameStop (NYSE: GME) stock's performance in recent years has been marked by protracted periods of disinterest and relative inactivity, split by brief resurgences reminiscent of the original meme stock craze.
GameStop Stock Moves Higher on Plans to Buy Bitcoin
GameStop Corp (NYSE:GME) stock is up 12.6% to trade at $28.60 at last glance, after the company's board approved a plan to use corporate dollars to buy Bitcoin (BTC) as pat of its investment strategy.
US Stocks: S&P500 Steady While GameStop, Chewy, Dollar Tree Drive Tech Stock Gains
S&P500 holds gains as strong durable goods data offsets recession fears. GameStop surges on crypto plans, boosting US indices today.
US stocks close higher, GameStop stock pops following Q4 earnings, Tesla sales tumble in Europe
Market Domination Overtime anchors Julie Hyman and Josh Lipton report on the latest financial news for March 25, 2025. US stocks close higher in the green.
