Gamestop Corp. (GME)
GameStop Stock Breaches $20 After Revenue Whiff
GameStop Corp (NYSE:GME) stock is near the bottom of the New York Stock Exchange (NYSE) today, last seen down 17.7% to trade at $19.36.
GameStop Analyst Says Retailer Could Close All Stores, Operate As Bank To Manage Losses
A GameStop Corporation GME analyst is questioning why the video game retailer is trading at a premium to its cash as it works through managing operating losses, but provided no strategy in its second-quarter earnings report.
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.
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 in danger: Can GME stock hold the $20 mark?
GameStop (NYSE: GME) found itself in hot water on September 11, with shares plummeting 15.09% to $19.95 at market open following a shaky Q2 earnings report. While the company managed to beat EPS expectations with a slim $0.01 per share (compared to estimates of a -$0.09 loss), it wasn't enough to offset other troubling figures.
Watch These GameStop Price Levels as Stock Plummets
GameStop (GME) shares plunged in premarket trading on Wednesday after the brick-and-mortar video gamer retailer announced a 20 million share offering and reported a 31% drop in quarterly sales, as consumers continue to pivot from physical discs to digital downloads and game streaming.
Meme stock GameStop slumps as revenue drop fans turnaround doubts
Shares of GameStop , a widely watched meme stock, tumbled 10% in premarket trading on Wednesday after the video game retailer reported a bigger drop in quarterly revenue, questioning its ability to revitalize its business.
GameStop Reports Weak Sales, Joins Petco, Relay Therapeutics And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
U.S. stock futures were lower this morning, with the Dow futures falling around 150 points on Wednesday.
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 tumbles despite first second quarter profit in seven years
GameStop Corp (NYSE:GME) shares continued to fall in aftermarket trading despite the retailer announcing its first profitable second quarter in seven years. Net income came in at $14.8 million for the three-months to June, a significant turnaround from a $2.8 million loss in the same period last year.
GameStop's Recent Plunge Is Very Much Warranted
GameStop's Q2 2024 revenue fell 31.4%, missing expectations, but earnings exceeded forecasts, highlighting a significant sales drop despite bottom-line improvements. The company's bleak future stems from missed opportunities to reinvent itself, with declining hardware, software, and collectibles sales harming it today. GameStop's robust cash position prevents bankruptcy, but core operations lack a sustainable future, justifying a continued 'sell' rating.
GameStop (GME) Tops Q2 Earnings Estimates
GameStop (GME) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to loss of $0.03 per share a year ago.
