GameStop(GME)

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GameStop shares jump 30% as 'Roaring Kitty' schedules YouTube livestream for Friday
CNBC· 2024-06-06 17:37
Shares of GameStop shot to session highs Thursday after meme stock leader Roaring Kitty scheduled a livestream on Youtube, which would be his first one in almost four years.Roaring Kitty, whose real name is Keith Gill, set the time for his live chat at noon Friday, which traders speculated would be a bullish discussion about his massive GameStop stake. The investor hosted three-hour livestreams in August 2020 explaining his investing thesis behind his favorite brick-and-mortar video game retailer.GameStop p ...
GameStop Corp. Fundamental Company Report 2024 Including Financial, SWOT, Competitors and Industry Analysis
GlobeNewswire News Room· 2024-06-05 14:54
Core Insights - The report provides a comprehensive overview of GameStop Corp., including financial performance, SWOT analysis, and industry comparisons [1][2][3]. Group 1: Company Profile - The report includes key facts about GameStop Corp., such as ownership, senior executives, locations, subsidiaries, markets, products, and company history [2][3]. - Financial performance metrics are presented, including income statements, balance sheets, and cash flow statements on both annual and quarterly bases [2][4]. Group 2: Business Overview - GameStop Corp.'s business description covers major products and services, sales activities, and operational locations [3][4]. - The report outlines the company's market presence and sales strategies [2][3]. Group 3: SWOT Analysis - The SWOT analysis identifies GameStop Corp.'s strengths, weaknesses, opportunities, and threats [3][4]. - This section provides insights into the company's competitive positioning and potential challenges [2][3]. Group 4: Financial Analysis - Financial statements are detailed, including profitability ratios, margin analysis, asset turnover, credit ratios, and long-term solvency metrics [4][5]. - The report includes growth comparisons over the prior year and visual representations of financial ratios [4][5]. Group 5: Competitors and Industry Analysis - GameStop Corp.'s direct competitors are identified, along with a comparison of financial ratios and stock performance against these competitors [5]. - The report provides an analysis of the retail industry, highlighting GameStop Corp.'s position within the market [5]. Group 6: News and Events - The report includes an analysis of relevant news, public relations activities, and corporate events impacting GameStop Corp. [5].
Rising Retail Headwinds? Clues from Victoria's Secret and GameStop Preliminary Earnings
See It Market· 2024-06-05 13:57
The following research was contributed to by Christine Short, VP of Research at Wall Street Horizon.April U.S. Retail Sales were below estimates, but other macro data show decent spending trendsAfter issuing preliminary earnings reports in May, Victoria’s Secret and GameStop hint at differing consumer vibesThe two firms also host shareholder meetings next week, potentially drawing further volatilityIt’s hard to paint the American consumer using one broad brush. Upper-end households seem to be doing fine, ...
Roaring Kitty Faces Trading Probe After GameStop (GME) Stock Frenzy
Investor Place· 2024-06-05 13:30
Keith Gill, alias Roaring Kitty, faces a probe by regulators in Massachusetts over his trades in GameStop (NYSE:GME) stock.Gill, who led the 2021 meme stock rally, recently bought a big block of GameStop common and options. He advertised the positions by posting them to X, formerly Twitter. He also showed a screenshot of his positions on Reddit’s Superstonks subreddit.GME stock rose 5.5% on June 4 but fell slightly overnight. It was due to open this morning at about $26.80 per share, a market capitalization ...
Forget GameStop, this stock is a perfect short-squeeze candidate
Finbold· 2024-06-05 09:51
GameStop and Short Squeeze Trends - GameStop (NYSE: GME) has been a hot topic due to renewed trading activity from Roaring Kitty, drawing attention away from other potential short squeeze targets [1] - Olema Pharmaceuticals (NASDAQ: OLMA) has seen a significant surge, with its stock price rising by 52.56% in the last five trading sessions, from $9.17 to $13.95 [1] Olema Pharmaceuticals' Stock Performance - Olema Pharmaceuticals' stock surge is not based on speculation but has viable reasons for success [2] - The company's stock has experienced sustainable gains, particularly in recent sessions [1] Pfizer's Breakthrough and Its Impact on Olema - Pfizer's (NYSE: PFE) drug PF-07248144, targeting histone lysine acetyltransferases (KATs), showed promising results in a Phase 1 trial, with a 'tolerable safety profile and durable antitumor activity' when combined with fulvestrant for HER2-negative breast cancer patients [3] - Olema's KAT6 inhibitor, OP-3136, is in preclinical development and works similarly to Pfizer's drug, potentially benefiting from Pfizer's breakthrough [3] - This development could significantly impact cancer treatment and bring impressive gains to Olema's stock [3] Analyst Opinions on Olema Pharmaceuticals - Oppenheimer analyst Matthew Biegler described Pfizer's findings as 'the most exciting Phase 1 results' and has an 'outperform' rating on Olema with a $21 per share target [4][5] - Biegler noted that Olema is the only other publicly traded biotech company studying KAT-6 and that its potential cancer therapy, OP-3136, 'looks better' [5] - Jefferies analyst Michael Yee highlighted KAT6 as a novel cancer target and expects interest in Olema to increase, with a 'buy' rating and a $30 target on OLMA [5]
GameStop, AMC Rally Fades Amid Reports E*Trade Is Considering Banning Keith Gill
Investopedia· 2024-06-04 19:25
Key TakeawaysMonday's rally in GameStop and AMC shares faded Tuesday following a report that Morgan Stanley’s E*Trade is considering banning Keith Gill from the trading platform.Gill, also known as "Roaring Kitty," was one of the key drivers of the 2020 and 2021 meme stock craze.Recent rallies fueled by Gill's social media posts raised concerns that he could stoke enthusiasm for the stocks with posts for his own gain, the Wall Street Journal reported. Monday's rally in GameStop (GME) and AMC Entertainment ( ...
Is Trending Stock GameStop Corp. (GME) a Buy Now?
ZACKS· 2024-06-04 14:05
GameStop (GME) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this video game retailer have returned +71.7%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Retail - Consumer Electronics industry, which GameStop falls in, has gained 29.3%. The key question now is: What could be the stock's future ...
3 Stocks With Bullish Catalysts
ZACKS· 2024-06-03 17:46
Efficient Market Hypothesis (EMH) is a market thesis is a market hypothesis taught in higher education that suggests that equity markets are efficient, are a zero-sum game, and are “priced to perfection” – leaving no room for excess profits. However, investors do not need to look very far to debunk the faulty hypothesis. GameStop & Meme Stock Mania: Markets Not EfficientGameStop ((GME) was up more than 50% this morning after Internet personality “Roaring Kitty” tweeted Sunday night that he owns over $100 mi ...
GameStop Back as Meme Stock After Roaring Kitty Update
Schaeffers Investment Research· 2024-06-03 14:18
Meme stock mania is so back, and Suspect No.1 is at play. The shares of GameStop Corp (NYSE:GME) are up 70.9% to trade at $39.54 at last check, after Keith Gill -- who is behind social media profile Roaring Kitty and instigated the retail trading frenzy of 2021 -- posted on Reddit (RDDT) under the username DeepF------Value.The post includes a screenshot of an account holding a $116 million GME position, with 120,000 June 20-strike calls bought for about $5.68 each, as well as 5 million shares. It remains un ...
What's Happening With GameStop Stock?
Forbes· 2024-06-03 13:04
MIAMI, FLORIDA - MAY 28: Merchandise lines the shelves of a GameStop store on May 28, 2024 in Miami, ... [+] Florida. GameStop stock jumped higher after the video game retailer announced that it had raised $933 million by selling 45 million common shares of its stock earlier this month. (Photo by Joe Raedle/Getty Images)Getty ImagesThe stock price of GameStop (NYSE: GME) is up nearly 40% year-to-date. It has been very volatile, with its stock's 52-week price ranging between $10 and $65. The rise in GME is d ...