GameStop (GME) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this video game retailer have returned +2.9%, compared to the Zacks S&P 500 composite's +6.2% change. During this period, the Zacks Gaming industry, which GameStop falls in, has gained 8.9%. The key question now is: What could be the stock's future direction?While media releases or rumo ...

GameStop TodayGMEGameStop$22.37 +0.25 (+1.13%) 52-Week Range$9.95▼$64.83P/E Ratio279.66Price Target$11.00Add to WatchlistGameStop NYSE: GME shares are up more than 17% from the late-August low, confirming support at a critical level, and they may head higher. Is this stock buyable at these levels? The answer is maybe, but it depends on your risk tolerance and expectations. Given the recent results, there has been no shift in fundamental quality or hope for one. Investors should stay on the sidelines and enj ...

Key TakeawaysGameStop reports earnings after the closing bell on Tuesday, Sept. 10, with analysts expecting lower revenue and a slightly larger net loss than the second quarter of 2023.Comparable store sales are also projected to decline significantly, by about 23% compared to the same time last year.After massive fluctuations in price earlier this year due to Keith Gill, a key figure in the original meme stock trend, GameStop stock has had a much less volatile last few months. GameStop (GME) reports quarte ...

Though primarily associated with the 2021 meme stock craze – and, by extension, with companies like GameStop (NYSE: GME) and AMC Entertainment (NYSE: AMC) – r/WallStreetBets has long since moved on to greener pastures and found its new favorite companies.Data tracking stock mentions on the subforum on the popular message board Reddit (NYSE: RDDT) reveals that, in the last 30 days, none have been as frequently mentioned as the semiconductor giant Nvidia (NASDAQ: NVDA).r/WSB most mentioned stocks in the last ...

After experiencing a renewed GameStop (NYSE: GME) mania during May and June, the largest benefactor wasn’t Keith Gill, aka ‘Roaring Kitty,’ but GME stock itself.A surge in meme stock’s price on May 14 and June 6 coincided with Gill’s cryptic posts on X, hinting at his renewed interest in GameStop, later revealing that he holds a substantial portion of GME stock. The company reacted to the news by issuing 45 million new shares of its common stock on May 17 in an attempt to raise additional cash to address it ...

GRAPEVINE, Texas, Aug. 27, 2024 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today announced that it will report second quarter fiscal 2024 results after the market closes on Tuesday, September 10, 2024. Contacts GameStop Corp. Investor Relations(817) 424-2001ir@gamestop.com ...

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.Shares of this video game retailer have returned -8% over the past month versus the Zacks S&P 500 composite's +1.5% change. The Zacks Gaming industry, to which GameStop belongs, has lost 1% over this period. Now the key question is: Where could the stock be headed in the near term?Although media reports ...

GameStop Corp. (GME, Financial), once emblematic of the retail sector's struggles, has executed a turnaround that defies conventional expectations. Guided by an unorthodox CEO and largest shareholder, the company now boasts a balance sheet fortified with cash and minimal debt. This remarkable shift has been driven by what could be one of the most significant fundraising efforts in stock market history. In this analysis, I will delve into GameStop's transition from pandemic-induced turmoil to a robust financ ...

GameStop (GME) closed at $22.66 in the latest trading session, marking a +1.16% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.97%. Elsewhere, the Dow gained 0.58%, while the tech-heavy Nasdaq added 1.39%.The video game retailer's stock has dropped by 10.29% in the past month, falling short of the Consumer Discretionary sector's loss of 2.32% and the S&P 500's loss of 1.85%.Market participants will be closely following the financial results of GameStop in its upcoming release. In ...

NEW YORK, NEW YORK - JANUARY 27: GameStop storefront from 2021 in New York City. (Photo by Michael M. Santiago/Getty Images)Getty ImagesIt's been three years since GameStop madness roiled markets. There's been Congressional testimony over its extreme volatility, an SEC report on trading activity in GameStop’s options and stock, and endless chatter on X and Reddit about the video game company. Until now, there's been no confirmation whether the regulator was actually investigating GameStop for potential secu ...