Meme stock – GameStop (NYSE:GME) – is set to release its earnings on Tuesday, June 10, 2025. Historically, GameStop's stock has exhibited a favorable one-day return in 55% of cases following earnings announcements over the last five years.
GameStop (GME) reachead $29.45 at the closing of the latest trading day, reflecting a -1.67% change compared to its last close.
GameStop Corp (NYSE:GME) is gearing up to announce first-quarter results after the close on Tuesday, June 10.
GME's Q1 results are likely to reflect y/y EPS growth despite falling sales, but valuation and fundamentals raise questions.
In the latest trading session, GameStop (GME) closed at $29.80, marking a +0.78% move from the previous day.
Bitcoin is known to be volatile. However, a growing number of public companies have started to buy and hold the digital asset on their balance sheets, as bitcoin reached a new high last week.
GameStop announced on Wednesday that it bought 4,710 Bitcoin, which is worth over $500 million at the time of the purchase.
GameStop is taking its promised bitcoin investment seriously—$500-million-worth-of-bitcoin serious, in fact. The video game retailer (which has also become a meme stock) announced the purchase of 4,710 bitcoin, the oldest and largest cryptocurrency, on Wednesday.
GME surges on digital transformation, while BYD holds steady with casino-driven growth. Here we discuss two gaming stocks, two very different stories.
As dubious as it may seem, GameStop's NYSE: GME shift to Bitcoin (CRYPTOCURRENCY: BTC) could pay off over time. Evidently, the gaming resale industry is dead money; investing in BTC provides a path forward, but it will be a long road to travel.
GameStop Corp (NYSE:GME) has jumped headfirst into crypto, revealing on Wednesday that it bought 4,710 Bitcoin — a stash worth roughly $513 million at current prices. The video game retailer didn't say when it made the purchase, what it paid, or whether the move happened all at once or in stages.
GameStop's purchase of 4,710 bitcoin marks its first cryptocurrency purchase since the videogame retailer announced earlier this year that it would make bitcoin a treasury-reserve asset.