Gamestop Corp. (GME)
GameStop shares sink after company update on business, plans stock sale
After a wild week of trading, GameStop announced a sale plan for up to tens of millions of its shares and also gave a lukewarm business update disappointing investors.
GameStop tumbles on capital raise plans after meme-stocks frenzy this week
Retail darling GameStop slumped 26% on Friday after the struggling videogame retailer said it would sell up to 45 million shares, taking advantage of the meme-stocks frenzy this week.
GameStop slides again on move to sell shares after meme-stock rally
GameStop logged its highest trading volume in three years so far this week, following a series of posts from Keith Gill's X account "Roaring Kitty."
GameStop Stock Down Nearly 70% From Recent Peak—Meme Rally Goes Dry
Shares of GameStop cratered Friday after the company dumped several unwelcome announcements on investors, as 2024's meme stock rally born just days away looks to be fading away.
GameStop stock tanks as retailer reveals plans of a stock sale
GameStop Corp (NYSE: GME) opened about 20% down on Friday after filing to sell additional shares in an at-the-market offering. How many shares does $GME plan on selling?
Gamestop crashes down to reality following results
GameStop Corp (NYSE:GME) shares have sunk 20% in premarket trading as the memestock was hit by a douse of reality in the form of its first quarter results. Shares in the video game retailer stormed 271% higher on Monday and Tuesday following the return of Roaring Kitty, the online financial analyst famed for his involvement in the first round of the Gamestop saga.
GME Stock Tumbles On Q1 Preview, Top Short Seller Returns; Robinhood Sees Major Upgrade
GME stock tumbles after GameStop's preliminary Q1 results disappoint. A major short seller returns.
Gamestop is Heading Back to $10 or Lower
Gamestop NYSE: GME proved why it is a fool's game for investors. The company issued weak guidance and announced a share sale that has the market moving lower.
GameStop expects significant sales decline in Q1 amid GME stock frenzy
GameStop Corp. announced on Friday that it expects a substantial decline in sales for the first quarter of fiscal 2024. The company projects revenue to fall by approximately 28%, from $1.2 billion in the same quarter last year to a range of $872 million to $892 million.
GameStop shares fall after it files to sell securities, says first quarter sales declined
GameStop shares fall after it files to sell securities, says first quarter sales declined
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.
