Key TakeawaysGameStop shares surged 45% as markets opened Monday.Keith Gill, who is also known as the YouTube streamer "Roaring Kitty" and was a key driver of the 2020 meme stock craze, posted to social media for the first time in nearly three years Sunday night.GameStop stock is still well below the levels it reached in early 2021, but is more than double its value from the start of May. GameStop (GME) shares soared as markets opened Monday as the one-time meme stock appears poised for another wave of acti ...

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GameStop Corp (NYSE: GME) opened about 40% up on Monday after “Roaring Kitty” made a post on “X” for the first time since 2021. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Why does Roaring Kitty matter for $GME?Copy link to sectionThat’s significant since Keith Gill who goes by “Roaring Kitty” on X and “DeepF******Value” on Reddit is the one who inspired the short squeeze of 2021.  He, therefore, is the pioneer of the meme stock frenzy so to speak ...

GameStop (NYSE: GME) stock has been the subject of much speculation lately. It has surged over 70% in the past month and was nearing the $20 mark in the latest trading session. With premarket gains of 20%, GME stock appears poised to hit $20 before markets open this week, reigniting discussion about the resurgence of meme stocks in the current bull market.GME stock 30-day price chart. Source: FinboldThe impressive performance hasn’t gone unnoticed, especially by its prominent supporter Keith Gill, also know ...

GameStop Corporation (NYSE: GME) saw a notable surge in the latest session, jumping 13%. The gains continued in pre-market trading on May 10, fueled by growing interest from bullish investors and short sellers.Despite the absence of any major company news, the technical analysis reveals that GameStop has formed several compelling chart patterns. This development has sparked a surge in interest in the stock, with some even speculating the likelihood of another short squeeze.GME stock 30-day price chart. Sour ...

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 ...