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GameStop Short Seller Andrew Left Is Taking On Retail Investors Again, Now Says Palantir Stock Is 'Beyond Overvalued'
Benzinga· 2025-08-13 20:44
Core Viewpoint - Andrew Left, founder of Citron Research, has initiated a short position on Palantir Technologies, labeling the stock as "beyond overvalued" and targeting retail investors, similar to his previous short on GameStop [1][2]. Company Valuation - Left argues that Palantir's stock is overvalued based on various metrics, stating that even if it were the best company, its current valuation exceeds reasonable multiples [3]. - The forward price-to-earnings ratio of Palantir is highlighted as being over 200x, indicating a significant overvaluation [3]. Market Context - Left's short call comes after a period of significant stock market activity, with Amazon and First Solar stocks rising 34% and 52% respectively since his previous recommendations [5]. - Palantir's stock was down 1.4% to $184.37 on the day of the announcement, having reached an all-time high of $189.46 during intraday trading [8]. Competitive Landscape - Left mentions Databricks as a competitor to Palantir, noting that Databricks has more customers and could be a company to watch when it goes public [8]. Investment Strategy - Left maintains a balanced portfolio, being long on Amazon and Apple while shorting Palantir, indicating a diversified investment approach [6]. - He also expresses optimism about Rocket Companies, which he believes has potential catalysts for growth [7].
GameStop (GME) Outperforms Broader Market: What You Need to Know
ZACKS· 2025-08-12 22:45
In the latest close session, GameStop (GME) was up +2.32% at $22.93. This move outpaced the S&P 500's daily gain of 1.14%. Meanwhile, the Dow gained 1.1%, and the Nasdaq, a tech-heavy index, added 1.39%. Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The Zacks Rank system, which varies betw ...
Goodyear and GameStop Take Gaming to New Heights for 100th Anniversary Showdown in the Sky
Prnewswire· 2025-08-07 17:00
Core Points - Goodyear celebrated its 100th anniversary by hosting the world's first Pokémon battle in collaboration with GameStop, taking place 1,000 feet above Los Angeles [1][2][5] - The event featured prominent figures including YouTuber Casey Neistat and Oculus VR founder Palmer Luckey, among others [3][4] Company Overview - Goodyear is one of the largest tire companies globally, employing approximately 68,000 people and operating 53 facilities across 20 countries [6] - The company has two Innovation Centers located in Akron, Ohio, and Colmar-Berg, Luxembourg, focusing on developing advanced products and services [6]
Why GameStop (GME) Outpaced the Stock Market Today
ZACKS· 2025-08-04 22:47
Group 1 - GameStop's stock closed at $22.63, reflecting a +2.4% increase from the previous day, outperforming the S&P 500's gain of 1.47% [1] - Over the last month, GameStop's shares decreased by 6.32%, underperforming the Consumer Discretionary sector's loss of 4.65% and the S&P 500's gain of 0.64% [1] Group 2 - GameStop is expected to report an EPS of $0.19, representing an increase of 1800% year-over-year, with projected net sales of $900 million, up 12.74% from the previous year [2] - For the full year, earnings are projected at $0.75 per share and revenue at $3.58 billion, showing changes of +127.27% and -6.29% respectively from the prior year [2] Group 3 - Recent changes to analyst estimates for GameStop indicate positive sentiment towards the company's business operations and profit generation capabilities [3] - The Zacks Rank system, which includes estimate changes, provides a rating system that has historically outperformed expectations, with stocks rated 1 delivering an average annual return of +25% since 1988 [5] Group 4 - GameStop currently has a Forward P/E ratio of 29.47, which is a premium compared to the industry average Forward P/E of 23.55 [6] - The Gaming industry, part of the Consumer Discretionary sector, holds a Zacks Industry Rank of 93, placing it in the top 38% of over 250 industries [6]
GameStop's $25 To $1,000 Pokemon Blind Bags Are Fueling A New Kind Of Collector FOMO
Benzinga· 2025-07-30 17:16
A deeper push into collectibles and trading cards continues for video game retailer GameStop Corp GME with the company's latest launch. GME is currently moving to its 52-week bottom. Track it now here. What Happened: GameStop is expanding its partnership with trading card grading company PSA, which is owned by Collectors Universe. The companies first partnered in 2024 and Collectors Universe CEO Nat Turner is a member of the GameStop board of directors. Together, GameStop and PSA are launching Power Packs, ...
GameStop vs. Best Buy: Which Retail Stock Has Better Upside?
ZACKS· 2025-07-29 17:01
Key Takeaways GameStop Corp. (GME) and Best Buy Co., Inc. (BBY) stand at very different crossroads in the retail landscape. GameStop, once heavily dependent on physical video game sales, is in the midst of a deep structural overhaul. Best Buy, by contrast, is leaning into its role as a digital-first omnichannel electronics leader, expanding its reach through marketplace launches and high-margin media services. In a retail environment shaped by cautious consumers, tech disruption and supply-chain volatility, ...
How Kohl's Kicked Off Another Meme Stock Frenzy
CNBC· 2025-07-29 16:05
Meme Stock Phenomenon - Meme stocks experience volatile price swings unrelated to business fundamentals, often involving heavily shorted, cheap stocks [4] - Retail investors leverage social media to drive up stock prices, challenging institutional investors [3][8] - GameStop's surge, fueled by Reddit users, demonstrated the potential for massive gains and losses, impacting hedge funds [9][10] - Kohl's, like other recognizable brands, became a target for meme stock activity due to its household name and high short interest [11][12] Kohl's Business Performance - Kohl's stock experienced a 100% surge due to meme stock activity, despite underlying business performance being just "okay" [1] - From July 2021 to July 2025, Kohl's stock price decreased by approximately 85% [17] - Between 2019 and 2024, beauty and accessory sales increased by 38% due to the Sephora partnership, but overall sales decreased by 18.5%, and excluding beauty, sales decreased by around 26% [19] - Kohl's has lost 1.3 million customers over five years to competitors [17] Risks and Outlook - Short selling involves borrowing and selling stock, hoping to buy it back at a lower price, but losses can be exponential if the price rises [5][6] - Wild stock swings can distract from Kohl's need to focus on day-to-day operations [21] - While not in immediate danger of bankruptcy, Kohl's faces challenges and needs to experiment with different strategies under an interim CEO [18][19][20] - Predicting the next meme stock is difficult, but companies with household names and high short interest are potential candidates [14][16]
散户的狂欢,市场的轮回:Meme股狂热为何周而复始?
智通财经网· 2025-07-25 03:20
Core Viewpoint - The resurgence of "Meme stocks" is driven by social media discussions and a surge of retail investors, leading to significant price volatility without fundamental changes in the companies involved [1][4]. Group 1: Characteristics of Meme Stocks - Meme stocks often share common traits, including the ability to spark collective imagination among internet users and gaining traction from influential retail investors on social media [2]. - These stocks typically have high short interest, indicating that professional investors are betting against them, and they often have lower share prices [3]. Group 2: Market Environment Comparison - The current market environment in 2025 differs fundamentally from that of 2021, with high interest rates and uncertain tariff policies, which should suppress risk appetite; however, speculative trading has become active again [4]. - The number of stocks involved in the current wave is fewer than in 2021, but the volatility is more pronounced and the price increases are short-lived [4]. Group 3: Trading Dynamics - For instance, Opendoor's stock surged by 43% on July 21, with a trading volume of 1.9 billion shares, accounting for about 10% of total U.S. stock trading that day [4]. - The surge in stocks like Kohl's and Krispy Kreme was driven by short squeeze dynamics, where short sellers are forced to buy back shares, pushing prices higher [4]. Group 4: Risks and Ethical Concerns - Trading in Meme stocks carries high risks as the motivations for buying are often unrelated to the companies' fundamentals, leading to significant volatility [5]. - The ethical implications of social media influencers affecting stock prices are debated, with concerns about undisclosed information regarding their holdings and motivations [9]. Group 5: Sustainability of Meme Stock Trends - The sustainability of Meme stock trends relies on continuously attracting new investors, which has proven difficult in the current market environment compared to the pandemic period [10]. - Historical patterns show that the price surges of Meme stocks are often short-lived, as evidenced by the rapid decline of stocks like Faraday Future [10].
X @Forbes
Forbes· 2025-07-24 05:10
Market Trends - Meme stocks, popularized by the 2021 GameStop event, are resurging [1]
X @Forbes
Forbes· 2025-07-24 02:30
Market Trends - Meme stocks, popularized by the 2021 GameStop event, are experiencing a resurgence [1]