Tag: GameStops

Gamestop’s annual shareholder meeting disrupted after ‘unprecedented demand’ causes tech issue

NEW YORK (AP) — Gamestop’s highly-anticipated shareholder meeting ran into a technical problem Thursday — resulting in many eager investors being unable to log on to the livestream. A spokesperson for Computershare, the company hosting the webcast, confirmed that “unprecedented demand” from shareholders looking to access the meeting led to a “technical issue” that prevented […]

GameStop’s Dismal Results Fail To Show Signs Of A Turnaround

GameStop’s Dismal Results Fail To Show Signs Of A Turnaround On Friday, GameStop Corporation (NYSE: GME) failed to show signs of an operational turnaround as it delivered its fiscal first quarter results earlier than expected, previously saying they will be issued on June 11thafter market close. The unexpected and dismal results only hours before meme-stock […]

GameStop’s crazy week, jobs surprise and Nvidia’s stock split

U.S. employers remain on a hiring spree. The tech-heavy Nasdaq, helped by Nvidia, led weekly gains for the stock market. GameStop didn’t get any help from ‘Roaring Kitty’ post his public appearance. Former President Donald Trump is shaking up Silicon Valley. Elon Musk picks a city for his AI supercomputer. Red Lobster may be forced […]

GameStop’s sales continue to slide in surprise earnings release

By Jaspreet Singh (Reuters) -GameStop reported a drop in sales and announced a more than $3 billion stock offer as it released its first-quarter report in advance, sending the shares of the video game retailer down sharply in volatile trading. The company was set to post results on June 11, but published it on Friday […]

GameStop’s sales continue to slide in surprise earnings release

By Jaspreet Singh (Reuters) -GameStop reported a drop in sales and announced a more than $3 billion stock offer as it released its first-quarter report in advance, sending the shares of the video game retailer down sharply in volatile trading. The company was set to post results on June 11, but published it on Friday […]

GameStop’s Stock Surge Is a Long Way From 2021 Meme-Stock Frenzy

(Bloomberg) — GameStop Corp. shares more than doubling on no fundamental news. Short sellers getting squeezed and retail traders using same-day options to amplify gains in otherwise beaten-down stocks. Nonsense crypto coins adding more than 1,000%. Most Read from Bloomberg That was Monday. But it could just as easily describe early 2021, when the meme-stock […]