By Suzanne McGee (Reuters) – GameStop’s annual meeting, scheduled for Monday, is creating a growing buzz on social media among the company’s host of avid retail investor fans. Shares of the video game retailer have gyrated wildly over the last month after Keith Gill, the stock influencer known as Roaring Kitty who helped kick off […]
Tag: GameStops
GameStop’s fans await shareholder meeting, after high demand derailed first attempt
By Suzanne McGee (Reuters) – GameStop’s annual meeting, scheduled for Monday, is creating a growing buzz on social media among the company’s host of avid retail investor fans. Shares of the video game retailer have gyrated wildly over the last month after Keith Gill, the stock influencer known as Roaring Kitty who helped kick off […]
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 price declines, ‘time decay’ hammer Roaring Kitty’s option position
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The clock is ticking for Keith Gill, the stock influencer known on YouTube as “Roaring Kitty,” to lock in gains on his options position in GameStop as the company’s share price wobbles and the expiration date for the contracts draws closer. Shares of GameStop tumbled 12% on […]
GameStop’s price declines, ‘time decay’ hammer Roaring Kitty’s option position
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The clock is ticking for Keith Gill, the stock influencer known on YouTube as “Roaring Kitty,” to lock in gains on his options position in GameStop as the company’s share price wobbles and the expiration date for the contracts draws closer. Shares of GameStop tumbled 12% on […]
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 meme-stock run makes no sense — and GameStop may turn it into a $3 billion windfall
GameStop might soon be $3 billion richer after its meme status has recently juiced the stock.SOPA Images/Getty Images GameStop, the company, is in trouble. GameStop, the stock, is roaring. GameStop, the company, has already turned some of that stock into a $1 billion windfall, by selling shares. Now it could make another $2 billion-plus doing […]
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 ‘Roaring Kitty’ surge doesn’t mean meme stock rally has legs
GameStop (GME) and AMC (AMC) are soaring again, with both stocks up more than 100% in the past week. While the moves are sending vibrations through the market that feel like the 2021 meme stock mania, Wall Street strategists say this fresh burst of enthusiasm is far from the madness of three years ago. In […]
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 […]