GameStop’s shares jumped on Thursday after a cryptic post from meme stock influencer Keith Gill, who shot to notoriety after his online personas and bullish bets on the video game retailer sparked a trading frenzy among mom-and-pop investors.Gill posted a picture resembling a Time magazine cover from 2006 with a computer screen on social media platform X. Following his post, GameStop’s shares spiked and traded as high as $30.87. The stock closed up 6% at $28.63.Known as “Roaring Kitty” on YouTube and “DeepF ...

Shares of GameStop (GME) and other meme stocks popped on Thursday after Roaring Kitty, the online alias of meme stock ringleader Keith Gill, posted to X for the first time since September. Shares of GameStop jumped as much as 14% Thursday afternoon while AMC Entertainment (AMC), another favorite among meme stock traders, surged as much as 13%. Shares of online pet retailer Chewy (CHWY), also a meme stock favorite, were unaffected. Gill, at 1:45 p.m. ET on Thursday, posted a photo of a fake TIME Magazine co ...

GameStop Corporation GME shares are surging Thursday after Roaring Kitty (aka Keith Gill) posted a new tweet signaling his return to social media.What Happened: The X account of Roaring Kitty, which has 1.6 million followers, posted a new image that has the financial world buzzing, after the investor's previous return this year saw shares of meme stocks surge.The picture shows a TIME magazine cover with a computer with a video screen. The video is paused at the 1:09 minute mark, for a total length of 4:20. ...

GameStop (NYSE: GME ) is a cash-rich company with minimal debt, but it operates a declining business that is losing sales every quarter. What's more, the stock trades at valuation multiples out of step with the reality of a business withI am a researcher and operations manager at DM Martins Research. Previously, I contributed to TheStreet and currently write for platforms such as TipRanks and GuruFocus. Here at Seeking Alpha, my goal is to provide insightful analysis primarily on foreign equities, with a fo ...

"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 ...