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Gamestop Corp. (GME)

Market Closed
16 Oct, 08:00 PM
NYSE NYSE
$
26. 81
-1.21
-4.3183%
$
12.21B Market Cap
- P/E Ratio
0.38% Div Yield
13M Volume
-1.31 Eps
$ 28.02
Previous Close
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Day Range
26.72 28.08
Year Range
17.79 28.3
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GameStop shares tank on convertible bond offering to potentially buy more bitcoin

GameStop shares tank on convertible bond offering to potentially buy more bitcoin

The video game retailer announced plans for a $1.75 billion convertible notes offering to partially fund its bitcoin purchase.

Cnbc | 1 year ago
GameStop Turns a Profit, But Core Business Keeps Shrinking

GameStop Turns a Profit, But Core Business Keeps Shrinking

The takeaway for investors is that GameStop is now in a race to determine whether it can generate a profit on Bitcoin, doing so sustainably and with a significant impact, to remain afloat without eroding its shareholder value.

Marketbeat | 1 year ago
GameStop-Themed Crypto Skyrockets Over 500% After Retailer Announces $1.75 Billion Investment Plan

GameStop-Themed Crypto Skyrockets Over 500% After Retailer Announces $1.75 Billion Investment Plan

A cryptocurrency named after GameStop Corp. GME blasted to triple-digit gains Wednesday after the video game retailer announced plans to raise over a billion dollars for investment purposes.

Benzinga | 1 year ago
GameStop hints at its next bitcoin buy. The stock is tumbling.

GameStop hints at its next bitcoin buy. The stock is tumbling.

GameStop Corp. late Wednesday said it plans to raise more debt — a move that could indicate another bitcoin purchase is looming for the videogame retailer and original meme stock.

Marketwatch | 1 year ago
GameStop Q1 Earnings Beat Estimates, Collectibles Sales Improve Y/Y

GameStop Q1 Earnings Beat Estimates, Collectibles Sales Improve Y/Y

GME tops Q1 earnings expectations as collectibles jump 55% and cost cuts drive higher margins despite falling sales.

Zacks | 1 year ago
GameStop: Positive Cash Flows And

GameStop: Positive Cash Flows And

GameStop has significantly improved its cash position and reduced debt, strengthening its financial stability. Q1 results highlight material operational improvements in the cash flow, yet still a shrinking business. The company's recent accumulation of Bitcoin puts it in a similar camp as MSTR now, vying for "BTC yield."

Seekingalpha | 1 year ago
GameStop Drops as Q1 Sales Miss Offsets Earnings Beat

GameStop Drops as Q1 Sales Miss Offsets Earnings Beat

GameStop shares drop nearly 5% after Q1 revenue misses estimates, despite earnings beat. Traders doubt retail strength and crypto strategy's near-term value.

Fxempire | 1 year ago
GameStop Stock Slides as Sales Decline

GameStop Stock Slides as Sales Decline

GameStop (GME) shares fell in extended trading Tuesday as the retailer's quarterly revenue declined.

Investopedia | 1 year ago
Bitwise Unveils First-Ever GameStop Covered Call ETF

Bitwise Unveils First-Ever GameStop Covered Call ETF

Bitwise Asset Management has expanded its ETF lineup with the launch of the Bitwise GME Option Income Strategy ETF (IGME) on NYSE Arca today. According to the prospectus, IGME will not hold any GameStop shares.

Etftrends | 1 year ago
GameStop swings to a profit in Q1 as revenue miss weighs on shares

GameStop swings to a profit in Q1 as revenue miss weighs on shares

GameStop Corp (NYSE:GME) shares moved lower after Tuesday's closing bell as the video game retailer reported a year-over-year drop in sales for the first quarter. Sales for the period ended May 3 were $732.4 million, down from $881.8 million in the year-ago quarter and missing Street forecasts of about $750 million.

Proactiveinvestors | 1 year ago
The Day Ahead: U.S. Markets Watch China Trade Updates, GameStop Earnings Today

The Day Ahead: U.S. Markets Watch China Trade Updates, GameStop Earnings Today

U.S. markets today face pressure from trade talk uncertainty as futures dip ahead of GameStop earnings and small business data, with key resistance levels tested.

Fxempire | 1 year ago
How Will GameStop Stock React To Its Upcoming Earnings?"

How Will GameStop Stock React To Its Upcoming Earnings?"

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.

Forbes | 1 year ago
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