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Forget Bitcoin: The O.G. meme stock GameStop is rallying
Finbold· 2024-11-12 22:37
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) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2024-11-05 07:46
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 ...
GameStop Trading at a Discount: How to Approach the Meme Stock?
ZACKS· 2024-10-31 04:01
GameStop Corp. (GME) , the original "meme stock" that ignited a social media-fueled trading frenzy, is now sitting at a significant discount compared to its previous highs. Once the favorite of retail investors and Reddit forums, GameStop has recently slipped in value, tempting bargain hunters and seasoned investors alike to take a second look. But is GameStop's discounted price an opportunity or just another chapter in a volatile saga? The video game retailer is currently trading at a forward 12-month pric ...
Why GameStop (GME) Dipped More Than Broader Market Today
ZACKS· 2024-10-24 06:50
GameStop (GME) closed at $20.54 in the latest trading session, marking a -1.86% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.92%. At the same time, the Dow lost 0.96%, and the tech-heavy Nasdaq lost 1.6%.The the stock of video game retailer has fallen by 7.51% in the past month, lagging the Consumer Discretionary sector's gain of 3.47% and the S&P 500's gain of 2.68%.Analysts and investors alike will be keeping a close eye on the performance of GameStop in its u ...
GameStop (GME) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2024-10-18 06:51
The latest trading session saw GameStop (GME) ending at $21.36, denoting a -1.41% adjustment from its last day's close. This change lagged the S&P 500's 0.02% loss on the day. Meanwhile, the Dow experienced a rise of 0.38%, and the technology-dominated Nasdaq saw an increase of 0.04%.The video game retailer's stock has climbed by 10.23% in the past month, exceeding the Consumer Discretionary sector's gain of 7.27% and the S&P 500's gain of 3.77%.The investment community will be closely monitoring the perfor ...
GameStop May Have Figured Out Their Next Venture And It Could Work
Seeking Alpha· 2024-10-16 21:00
I am focused on growth and dividend income. My personal strategy revolves around setting myself up for an easy retirement by creating a portfolio which focuses on compounding dividend income and growth. Dividends are an intricate part of my strategy as I have structured my portfolio to have monthly dividend income which grows through dividend reinvestment and yearly increases. Feel free to reach out to me on Seeking AlphaAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any ...
GameStop (GME) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2024-10-12 06:51
文章核心观点 - GameStop公司最近一个交易日的股价下跌0.38%,低于标普500指数0.61%的涨幅 [1] - 过去一个月,GameStop公司股价上涨2.5%,低于消费品行业2.91%和标普500指数5.36%的涨幅 [1] - 投资者将密切关注GameStop公司即将发布的财报业绩,预计营收将同比下降16.54% [1] - 全年来看,GameStop公司的每股收益和营收预计分别下降83.33%和23.57% [1] 根据目录分类总结 公司表现 - GameStop公司最近一个交易日的股价下跌0.38%,低于标普500指数0.61%的涨幅 [1] - 过去一个月,GameStop公司股价上涨2.5%,低于消费品行业2.91%和标普500指数5.36%的涨幅 [1] - 预计GameStop公司即将发布的财报营收将同比下降16.54% [1] - 全年来看,GameStop公司的每股收益和营收预计分别下降83.33%和23.57% [1] 行业表现 - GameStop所在的游戏行业属于消费品行业,目前行业排名在250多个行业中位于前42% [3] - 研究显示,排名靠前的行业相比排名靠后的行业平均表现要好2倍 [3]
Why Is GameStop (GME) Down 0.7% Since Last Earnings Report?
ZACKS· 2024-10-11 00:32
It has been about a month since the last earnings report for GameStop (GME) . Shares have lost about 0.7% 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 its most recent earnings report in order to get a better handle on the important catalysts. GameStop Q2 Earnings Beat Amid Y/Y Sales Dips Acros ...
3 Meme Stocks to Monitor After Summer Rally
Schaeffers Investment Research· 2024-10-01 01:34
文章核心观点 - GameStop Corp (GME)、AMC Entertainment Holdings Inc (AMC)和Chewy Inc (CHWY)是近期受到散户投资者关注的热门"记忆股" [1] - 网红投资者"咆哮的小猫"(Roaring Kitty)今年夏天重新回到社交媒体,引发了对这些公司的关注 [1] GameStop Corp (GME) - GME股价在5月14日达到近3年高点64.83美元,第二季度上涨97.2% [2] - 尽管第三季度股价下跌超过5%,但GME仍然同比上涨41.7%,年初至今上涨33% [2] AMC Entertainment Holdings Inc (AMC) - AMC股价在5月14日达到8个月高点11.88美元 [2] - 最近AMC公司减少了1.53亿美元的债务,但股价仍然同比下跌超过24% [2] Chewy Inc (CHWY) - CHWY股价在6月27日达到近52周高点39.10美元 [3] - 尽管股价有所回调,但CHWY仍然季度、月度和年初至今均有小幅上涨 [3]
GameStop Stock Stuck In Level-Up Limbo: Can It Shake Off The Bearish Trend?
Benzinga· 2024-09-20 22:03
GameStop Corp‘s GME stock price is up 17.04% year-to-date but down 12.43% over the past month.The Federal Trade Commission (FTC) recently slapped a fine on CEO Ryan Cohen, adding fuel to the fire, and further stoking the volatility that GameStop stock investors are used to.Cohen agreed to pay almost $1 million to settle charges from the FTC. His failure to report the acquisition of Wells Fargo shares promptly resulted in a sharp focus on his management.This legal hiccup hasn't exactly helped GameStop’s stoc ...