"This time is different" could be the four most dangerous words in trading. Markets rarely change. However, I have noticed a different pattern of behaviour in GameStop (NYSE: GME ) as it is making a more sustained uptrend rather than theMy approach is long-term and I focus on investing in macro ideas through low risk ETFs and CEFs. I have traded stocks and currencies for nearly ten years and currently run a family fund with my partner and fellow SA contributor Andrew McElroy. I also invest in real estate an ...

GRAPEVINE, Texas, Nov. 26, 2024 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today announced that it will report third quarter fiscal 2024 results after the market closes on Tuesday, December 10, 2024. Contacts GameStop Corp. Investor Relations(817) 424-2001ir@gamestop.com ...

Some tickers are covered more than others on the site, so with The Undercovered Dozen our Editors highlight twelve actionable investment ideas on tickers with less coverage. These ideas can range from "boring" large caps to promising up-and-coming small caps. Specifically, the inclusion criteria for "undercovered" include: market cap greater than $100 million, more than 800 symbol page views in the last 90 days on Seeking Alpha, and fewer than two articles published in the past 30 days. Follow this account ...

Core Viewpoint - GameStop Corporation is expanding its focus on trading cards and grading services with the appointment of Nat Turner to its board of directors, indicating a strategic shift beyond video games [1][5]. Group 1: Board Appointment - Nat Turner has officially joined GameStop's board, increasing the number of board members from five to six [1]. - Turner is the CEO and chairman of Collectors and will serve as a director until the 2025 annual stockholder meeting without compensation [2]. Group 2: Collaboration and Financial Impact - GameStop's collaboration with Collectors Holdings as an authorized PSA dealer has generated approximately $1.53 million in transaction value since the agreement began [3]. - GameStop's collectibles revenue for the second quarter was $139.4 million, reflecting a year-over-year decline of 17.9%, but this was the smallest decline compared to hardware and software segments, which saw declines of 24.4% and 47.7%, respectively [6]. Group 3: Industry Context - Collectors owns several grading services, including PSA for trading cards, PCGS for coins, and Wata for video games, suggesting potential future developments in video game grading services with Turner on the board [6]. - The appointment of Turner, who has a significant background in the trading card community, may signal GameStop's continued expansion into collectibles and grading services [5]. Group 4: Market Reaction - Following the news, GameStop's stock increased by 1% to $26.71, with a year-to-date increase of over 60% in 2024, reflecting positive market sentiment [7].

GRAPEVINE, Texas, Nov. 18, 2024 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) ("GameStop" or the "Company") today announced that Nat Turner, Chairman and CEO of Collectors Holdings, Inc., has been appointed to the Company's Board of Directors. Contact GameStop Investor Relations 817-424-2001 ir@gamestop.com ...

GameStop: The Rise of the Retail InvestorLegendary early 20th-century investor Jesse Livermore once remarked:“There is nothing new in Wall Street. There can’t be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again.”Though I largely agree with Livermore from a market psychology perspective, what occurred in 2020 with the meme stock craze was genuinely unique. The COVID-19 pandemic and “stay at home” policies sparked a new generation ...

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 ...

The latest trading session saw GameStop (GME) ending at $26.84, denoting a -1.54% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily loss of 0.29%. Meanwhile, the Dow experienced a drop of 0.86%, and the technology-dominated Nasdaq saw a decrease of 0.09%.Coming into today, shares of the video game retailer had gained 27.8% in the past month. In that same time, the Consumer Discretionary sector gained 6.91%, while the S&P 500 gained 3.3%.Investors will be eagerly w ...

While not entirely true, the market rally sparked by Donald Trump’s election victory certainly gives the feeling no assets were left behind and failed to experience a surge.By November 12, companies like Nvidia (NASDAQ: NVDA) and Tesla (NASDAQ: TSLA) had not only caught investors’ eyes but also delivered substantial gains, reinforcing their positions as growth stocks. Meanwhile, in the cryptocurrency market, Bitcoin (BTC) and Ethereum (ETH) led a digital asset surge, benefiting from renewed investor confide ...

GameStop (GME) closed the latest trading day at $22.33, indicating a -0.36% change from the previous session's end. This change lagged the S&P 500's 0.28% loss on the day. Meanwhile, the Dow lost 0.61%, and the Nasdaq, a tech-heavy index, lost 0.33%.Heading into today, shares of the video game retailer had gained 4.72% over the past month, outpacing the Consumer Discretionary sector's gain of 2.26% and the S&P 500's gain of 0.41% in that time.Market participants will be closely following the financial resul ...