GameStop to Release First Earnings Report Since Reddit-Fueled Stock Rally

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Weeks after GameStop played a starring role in a Wall Street trading frenzy, the videogame retailer is expected to post its best profit in two years

with help from Ryan Cohen, the Chewy Inc. co-founder recently added to the company’s board. GameStop’s share price of about $200 as of Friday is more than 10 times as much as it was at the start of the year, though the stock peaked at $483 in intraday trading in late January.

Wedbush Securities analyst Michael Pachter said it isn’t possible for GameStop’s results to reflect its roughly $14 billion valuation given the issues it is facing. “There is not an institutional investor alive who is considering going long at $200” a share, Mr. Pachter said. “This is not a dot-com that’s just starting up.”

 

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GameStop shares up eight bucks after hours. $GME

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GameStop stock bounces around after earningsGameStop Corp. stock unsettled Tuesday after the retailer says it has laid the groundwork for its 'transformation' despite lower-than-expected adjusted... 🚀 💎 ✋✋ Did it really tho?
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »

GameStop shares fall 12% as company says it may sell stock to fund transformationTuesday's earnings mark the brick-and-mortar video game retailer's first quarterly report since the GameStop trading mania in January. Lol ok did y’all just crawl out from under your rock? Not a single mention of the 21% sales increase on February, this is fuking discusting reporting, just call which good calls are so i can do the opposite. Ah duh
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Bitcoin, Tesla And GameStop: 10 Numbers That Sum Up The Fastest Market Recovery EverFueled by trillions of dollars in government spending, stocks have staged a furious rally one year after Covid crashed markets.
مصدر: Forbes - 🏆 394. / 53 اقرأ أكثر »