GameStop(GME)

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GME Red Alert: Sell GameStop Stock Now Before It's Too Late
Investor Place· 2024-07-27 11:05
Grapevine, TX-based GameStop (NYSE:GME) is a global operator of video game retail stores, with an online presence as well. The company focuses on the U.S. market, but has presence in Canada, Australia and Europe under other banners, selling a range of gaming products as well as other collectibles and technology at its locations.That said, it’s become increasingly clear that meeting consumers where they are is the most important. With gamers increasingly buying their games and accessories online, it’s unclea ...
GameStop (GME) Advances But Underperforms Market: Key Facts
ZACKS· 2024-07-22 22:52
In the latest market close, GameStop (GME) reached $25.22, with a +1% movement compared to the previous day. This change lagged the S&P 500's 1.08% gain on the day. Meanwhile, the Dow experienced a rise of 0.32%, and the technology-dominated Nasdaq saw an increase of 1.58%.The video game retailer's stock has climbed by 4.35% in the past month, exceeding the Consumer Discretionary sector's loss of 0.91% and the S&P 500's gain of 0.43%.Market participants will be closely following the financial results of Gam ...
Roaring Kitty vs. Risks: Why Investors Should Avoid GameStop Stock Now
Investor Place· 2024-07-18 10:15
GameStop (NYSE:GME) seems to be keeping its meme stock status standing. Indeed, with Keith Gill’s influence, this stock has seen incredible surges in recent years. However, investors now appear to be proceeding with caution regarding GameStop stock right now.Gill’s return led to renewed retail interest, but the lack of positive news caused a sharp sell-off in GameStop stock. Many questions remain about the stock’s future direction. GameStop stock is likely to continue falling. Let’s dive into why that may b ...
Why Are GameStop And Kitty-Themed Memecoins Trading Higher Today? Read On
Benzinga· 2024-07-17 03:54
Loading...Loading...Cryptocurrencies linked to legendary trader “Roaring Kitty" surged higher Tuesday on high short interest in meme stock, GameStop Corp. GME.What Happened: GameStop GME/USD, the Solana SOL/USD-based meme coin that pays tribute to the historic 2021 short squeeze, jumped 10% in the last 24 hours. Additionally, Kitty AI KITTY/USD shot up 25%, with a 10% jump in 24-hour trading volumes. Both of these memecoins have no fundamental ties to GameStop or Roaring Kitty but are just playing on the sp ...
GameStop (GME) Stock Pops as Ryan Cohen Endorses Trump
Investor Place· 2024-07-16 16:04
GameStop (NYSE:GME) stock is on the climb this week after Chief Executive Ryan Cohen publicly endorsed Republican presidential nominee Donald Trump on Saturday. Indeed, Cohen posted a simple “Trump 2024” post on X, formerly Twitter, following Saturday’s assassination attempt on the former president.Trump 2024 🇺🇸— Ryan Cohen (@ryancohen) July 13, 2024 The post has invited divisive reactions from investors and political fans alike. Indeed, while some X users expressed approval of the surprise advocation, othe ...
Is GameStop Stock Really Worth $11 Billion? No.
Investor Place· 2024-07-16 10:10
GameStop (NYSE:GME) stock has swung wildly since Roaring Kitty returned to social media to reiterate just how much he likes the video game retailer. And though shares are down sharply from those peaks, what may not be clear to many is that GameStop stock continues to trend higher.Just because it is not acting like a moonshot doesn’t mean the stock isn’t still rising. GameStop is down 61% from its May high point but up 161% from their April lows. More importantly, after the initial frenzy died down, GameStop ...
GameStop (GME) Rises Higher Than Market: Key Facts
ZACKS· 2024-07-12 22:51
GameStop (GME) closed at $26.05 in the latest trading session, marking a +1.88% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.55%. Elsewhere, the Dow saw an upswing of 0.62%, while the tech-heavy Nasdaq appreciated by 0.63%.The video game retailer's stock has dropped by 12.19% in the past month, falling short of the Consumer Discretionary sector's loss of 0.99% and the S&P 500's gain of 4.28%.Analysts and investors alike will be keeping a close eye on the perfor ...
Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Maxeon and GameStop and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2024-07-12 01:00
NEW YORK, July 11, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), and GameStop Corp. (NYSE: GME). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided. Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) Class ...
GameStop Stock Looks Like a Sinking Ship: Now's the Time to Jump
Investor Place· 2024-07-10 10:15
GameStop’s (NYSE:GME) stock continued its decline last week, driven by fading meme stock momentum which was initially spurred by meme trader Keith Gill. GameStop stock dropped 3% to $24.18 by Friday’s close. Gill’s bullish views on GME previously sparked significant price increases in May and June.Since early June, Roaring Kitty scaled back on GameStop after boosting his holdings to 9 million shares and hosting his first livestream since 2021. As GME’s price dropped, Gill appears to have turned his attentio ...
Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against GameStop Corp. (GME)
GlobeNewswire News Room· 2024-07-02 20:41
NEW YORK, July 02, 2024 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Eastern District of New York on behalf of all persons and entities who purchased securities of GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) between May 13, 2024 and June 13, 2024, inclusive (the “Class Period”). The Complaint alleges that Defendant Keith Patrick Gill engaged in a pump-and-dump scheme, whereby he: (i) sho ...