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Dear GME Stock Fans, Mark Your Calendars for June 7
Investor Place· 2024-06-06 19:25
Things change so quickly in the world of finance. Minutes after my recent piece on GameStop’s (NYSE:GME) rally today was published, we got an update on today’s big news. I reported that the Roaring Kitty YouTube channel, run by meme legend Keith Gill, had been updated. However, we just received news that Keith Gill is indeed scheduling a livestream for tomorrow, June 7. This announcement has led GME stock to rocket even higher, surging over 40% at the time of writing.It turns out that speculators were onto ...
GameStop surges 40% as ‘Roaring Kitty' schedules first YouTube livestream in years
New York Post· 2024-06-06 19:20
GameStop shares climbed as much as 40% to $44 per share in Thursday trading after Keith Gill, the meme investor kingpin known as “Roaring Kitty,” signaled he would return for his first public live stream in nearly four years.A listing on the “Roaring Kitty” YouTube page said the live stream is scheduled for Friday at 12 pm ET. In a sign of the channel’s popularity, more than 13,000 viewers were already waiting in the video feed’s live chat as of Thursday afternoon.Gill used the platform to detail the reason ...
GameStop (GME) Stock Pops as Roaring Kitty Teases YouTube Return
Investor Place· 2024-06-06 18:51
Just like that, the GameStop (NYSE:GME) rally is back on. Today, shares of GME stock are roaring almost 30% higher as news hits the tape that Roaring Kitty’s YouTube channel has been updated.Those following Keith Gill (aka Roaring Kitty) via his YouTube account haven’t seen much since the previous meme stock rally took GameStop on an incredible run and bought Mr. Gill a ticket to a hearing with lawmakers over the nature of his trading activity.While regulators are likely to pay even more attention this time ...
GameStop Shares Soar 30% As Meme Stock Leader ‘Roaring Kitty' Schedules Livestream
Forbes· 2024-06-06 18:11
ToplineShares of video game retailer-turned-social media phenomena GameStop soared Thursday after Keith Gill, the unofficial commander of the meme stock movement, scheduled his first public appearance since he ignited the GameStop rally with his multimillion-dollar bet on the stock.Gill owns five million common shares of GameStop and even more in call options, according to ... [+] unverified posts from his DeepF*ckingValue Reddit account, a position worth well over $100 million.SOPA Images/LightRocket via G ...
GameStop Shares Soar TK% As Meme Stock Leader ‘Roaring Kitty' Schedules Livestream
Forbes· 2024-06-06 18:11
ToplineShares of video game retailer-turned-social media phenomena GameStop soared Thursday after Keith Gill, the unofficial commander of the meme stock movement, scheduled his first public appearance since he ignited the GameStop rally with his multimillion-dollar bet on the stock.Gill owns five million common shares of GameStop and even more in call options, according to ... [+] unverified posts from his DeepF*ckingValue Reddit account, a position worth well over $100 million.SOPA Images/LightRocket via G ...
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]