Gamestop Corp. (GME)
GameStop's stock slides premarket after company offers guidance with sales that lag consensus
GameStop Corp.'s stock GME, -30.04% fell 11.8% early Friday, after the videogame retailer and meme stock offered guidance for the first quarter that showed a narrower-than-expected loss but sales that lag consensus. Grapevine, Texas-based GameStop said it expects its first-quarter net loss to range from $27 million to $37 million, narrower than the loss of $50.5 million posted in the year-earlier quarter.
GameStop expects first-quarter revenue to drop, shares tumble
GameStop expects first-quarter net sales to drop from a year ago, as customers transition to buying video games and collectibles online, while the retailer largely relies on brick and mortar stores.
Bear of the Day: GameStop (GME)
GameStop ( GME ) delivered weak sales and profits in late March for their Q4 fiscal 2024 (ended January) and shares subsequently declined by over one-third from above $15 to $10. Of course that's nothing compared to the moon launch the stock saw this week to $60, but we'll cover that mania after we look at the fundamentals.
Short squeeze alert: GameStop stock set to soar
Just as many thought that the GameStop (NYSE: GME) short squeeze was over, as it posted over 35% loss in just one day (considering both premarket and trading session losses), it seems that GME stock is back at it again, with gains of almost 10% in the premarket.
Citron Research's Andrew Left says he is shorting GameStop again after his 2021 short flopped
Citron Research founder Andrew Left, whose fund took a 100% loss on a GameStop short during the squeeze in 2021, has said he has started shorting the meme-stock again.
EXCLUSIVE: Early GameStop Investor Is Looking Elsewhere For Opportunity — 'If You Play Stupid Games, You Are Going To Win Stupid Prizes' - GameStop (NYSE:GME)
Rod Alzmann, founder of GMEdd.com, was a big supporter of GameStop Corp GME when seemingly no one else was interested. Now that the stock is running wild, he's looking to put money to work elsewhere.
These behavioral trends drove the GameStop and AMC meme-stock rally
The meme-stock rally that lifted shares of GameStop Corp. and AMC Entertainment Holdings Inc. this week tapped into a range of human behaviors, according to behavioral finance expert Victor Ricciardi.
Individual investors made 30% of GameStop trades on Monday
It may come as no surprise, but as the stock prices of GameStop and AMC skyrocket, so does the number of people trading those shares.
GameStop, AMC shares slide for 2nd straight day as meme-stock rally fizzles
The sharp surge in the shares began after a series of posts from Keith Gill's X account "Roaring Kitty," whose bullish posts on GameStop was a reason for the 2021 meme stocks frenzy.
GameStop, AMC short sellers double down even with stock swings
Swings in GameStop and AMC shares revived meme trading while stinging short sellers in the process. Still, these investors betting the shares will fall are not changing their tune.
GME Stock, AMC Slide As Meme Rally Fizzles; But Robinhood Gets A Boost
GME stock, AMC fell early Thursday as the meme stock rally loses steam. But Robinhood sees a boost from retail participation.
GameStop and AMC Frenzy Dies Down. Why Robinhood May Be the Last Meme Standing.
A meme revival sent GameStop and AMC Entertainment stock cresting like it was 2021. But broker Robinhood, whose trading app is popular among retail investors, could be the real winner.
