GameStop (NYSE:GME) stock is a hot topic among traders on Monday as recent volatility has investors wondering if meme trading is making a return.The big news here is that GME stock managed to rally more than 50% over two days last week. That increase in price came without any news concerning the company. This had some traders wondering if meme traders were behind the movement.Now traders are seeing shares of GME stock give up some of those gains on Monday. And just like last week, there’s no news that expla ...

GameStop Corp (NASDAQ: GME) has gained more than 50% in recent weeks but the gain is far from sustainable, as per a Wedbush Securities analyst. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.GameStop stock could crash to $5.0Copy link to sectionMichael Pachter continues to rate the video game merchandise retail company at “underperform”. His $5.0 price objective suggests about a 60% downside from here.  He remains super dovish on GameStop stock as it ...

A month has gone by since the last earnings report for GameStop (GME) . Shares have lost about 17% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is GameStop due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. GameStop Q4 Earnings Miss Estimates, Sales Decline Y/YGame ...

Video game retailer GameStop stock (NYSE:GME) can’t win for losing. Not even its first profit in four quarters could turn the tide of negative sentiment positive. The stock is down 37% in 2024 and has lost its half value over the past 12 months.The stock sold off sharply after reporting fourth-quarter earnings late last month, wiping out all the gains made in the build up to the release. And it continues dropping in the aftermath. Now another executive is thrown out of the C-suite on his ear as executive ch ...

GameStop (NYSE:GME) stock is in focus following an insider purchase from Director Larry Cheng.On April 8, Cheng picked up 10,000 shares of GME stock at average prices ranging between $11.21 and $11.23 per share for a total transaction value of $112,238. Following the purchase, Cheng now directly owns 8,772 shares and indirectly owns 65,088 shares through Cheng Capital. Cheng has emerged as a strong supporter of the video game retailer through his buys. The last GameStop insider buy, excluding the one mentio ...

Changes are taking place at GameStop (NYSE:GME). Yesterday, the company announced that Chief Operating Officer Nir Patel will be stepping down. Now, news of the departure is pushing GME stock into the red, continuing a losing streak that has dragged on all week.Of course, it hasn’t been a good month for GameStop already. But now the struggling video game retailer’s growth prospects look even more questionable. GME stock hasn’t caught a break all year and these changes in leadership aren’t likely to fix the ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

It’s been a tough road for consumer discretionary stocks since the pandemic ended. Sky high inflation, rising interest rates and economic worries have led consumers to tighten their purse strings. At the same time, discretionary dollars have flowed more towards travel and experiences and away from spending on goods and products. The result is that spending on non-essential items has declined as consumers prioritize groceries, gasoline and paying the rent. Now is the time for investors to examine their portf ...

☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 3, 2024 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 1-32637 GameStop Corp. (Exact name of registrant as specified in its Charter) Delaware 20-2733559 (I.R.S. Employer Identification No.) Grapevine, Texas 76051 (Address of principal execut ...

Exhibit 99.1 GameStop Reports Fourth Quarter and Fiscal Year 2023 Results GRAPEVINE, Texas--(BUSINESS WIRE)--March 26, 2024-- GameStop Corp. (NYSE: GME) ("GameStop" or the "Company") today released financial results for the fourth quarter and fiscal year ended February 3, 2024. The Company's consolidated financial statements, including GAAP and non-GAAP results, are below. The Company's Form 10-K and supplemental information can be found at https://investor.gamestop.com. FOURTH QUARTER OVERVIEW FULL YEAR OV ...