Gamestop Corp. (GME)
GameStop livestream called 'total joke' as shares continue to plummet
GameStop Corp (NYSE:GME) is starting off another volatile week after a highly-anticipated livestream event from ‘Roaring Kitty' aka Keith Gill sent shares plummeting on Friday. The slide continued on Monday, with shares of the original meme stock set to end the trading day around 13.5% lower.
GameStop shares continue to plunge as frenzy over Roaring Kitty's return fizzles
Keith Gill, known as "Roaring Kitty," held his first livestream in three years on Friday, when shares tumbled 40%.
GameStop: Cash On Hand, But Questions Remain
GameStop reported disappointing Q1 earnings, highlighting the need to reset its business model. With the recent offerings in May and June, I'm projecting GameStop's cash balance to be more than $4 billion, which I believe can be used to transform its declining business. I expect GameStop to use its cash to launch a new digital game store, transform into a holding company, or potentially announce a share buyback program.
GameStop (GME) Q1 Earnings Miss Estimates, Sales Decline Y/Y
GameStop (GME) posts a wider loss and a sales miss in Q1. Lower sales across all categories led to soft sales.
GameStop tumbles for second day as meme-stock rally fades
Shares of GameStop tumbled for a second consecutive session on Monday, extending deep losses after stock influencer Keith Gill's return to YouTube last week failed to spark fresh investor enthusiasm for the struggling shopping mall retailer.
GME Stock Whipsaws After Roaring Kitty Livestream. What to Watch Next.
Unsurprisingly, shares of GameStop (NYSE: GME ) stock are witnessing volatile price action following Roaring Kitty's highly anticipated livestream. During the stream, Roaring Kitty, whose real name is Keith Gill, shared his E*Trade brokerage account, revealing that he still held his GME stock and calls position that was revealed earlier this month.
GameStop shares slide 16% following Friday's 40% sell-off
The video game company's stock declined to just below $24 apiece on Monday after falling nearly 40% on Friday alone.
These Warren Buffett stocks are crushing the S&P 500 in 2024
Though investors of a different variety – such as Roaring Kitty of the GameStop (NYSE: GME) meme stock craze fame – have become increasingly popular in recent years, old-school investing legends have retained their prominent position among stock market aficionados.
Wall Street Set To Open Week In The Red On Fed Jitters, Inflation Data Anxiety: GameStop Rebounds, Nvidia Trades After Stock Split
U.S. stocks are poised to start Monday's session in the red as traders brace for the all-important decision from the Federal Reserve's monetary policy committee on Wednesday and the May inflation report ahead of the rate decision.
When GameStop Stock Spikes, Here's the 7 Meme Stocks That Follow
The return of internet stock guru Roaring Kitty (Keith Gill) sparked a meme stock resurgence once again led by retail/wholesale sector stock GameStop Co. NYSE: GME. Roaring Kitty gained fame in 2021, helping spark the short squeeze on GameStop shares that blew out several hedge funds in the process.
The GameStop Lollapalooza Effect: Why Roaring Kitty's Thesis Of Real Option Value Makes Sense
Keith Gill, also known as Roaring Kitty, expresses belief in GameStop's ability to reinvent its business model and highlights confidence in management. GameStop's substantial cash reserves of nearly $4 billion offer real option value for exploring new business opportunities and rejuvenating its market position. The article proposes a transformation strategy for GameStop, including the establishment of a digital storefront, a subscription-based gaming service, and the acquisition of exclusive content.
GameStop's stock jumps 7% premarket
GameStop Corp.'s stock GME, -39.38% was up 7% early Monday, recouping some of Friday's gains that came as the trader known as Roaring Kitty hosted his first YouTube livestream in three years. Keith Gill, who played a major role in the meme-stock trend that set in during the early months of the COVID-19 pandemic, on Friday took to the airwaves to again argue his case for the videogame retailer, which he believes can achieve a transformation under CEO Ryan Cohen.
