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home / news releases / GME - GameStop: 'Roaring' Comeback Fizzles Out


GME - GameStop: 'Roaring' Comeback Fizzles Out

2024-06-07 09:17:57 ET

Summary

  • GameStop Corp. reports anticipated earnings results amidst another short squeeze, with Roaring Kitty's long position potentially making him a billionaire.
  • The stock initially surges, but later trades down after the earnings results reveal a miss on revenue and EPS.
  • The reasons behind the early release of earnings and the selloff are unclear, leaving uncertainty about the future of the stock.

Thesis Summary

GameStop Corp. ( GME ) has just reported anticipated earnings results just as the stock was experiencing another short squeeze....

For further details see:

GameStop: 'Roaring' Comeback Fizzles Out
Stock Information

Company Name: GameStop Corporation
Stock Symbol: GME
Market: NYSE
Website: gamestop.com

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