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GME News and Press, GameStop Corporation From 05/31/24

Stock Information

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

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GME - GameStop Stock: No Fundamentals Behind The Recent Rally

2024-05-31 10:59:22 ET Summary GameStop stock has rallied but its fundamentals remain poor. The recent rally was driven by market speculation, not fundamental factors. GameStop's sales have been declining and its profitability metrics are low. Read the full article on ...

GME - Gamestop: Intrinsic Value Trumped By Meme Rallies

2024-05-30 19:09:44 ET Summary I estimate GameStop's intrinsic value to be $5.43/share, but the possibility of a future meme rally increases my estimate of GameStop's value to $17.98/share. Investors should estimate the probability of another meme rally in the future and the peak ...

GME - GameStop Announces Release Date for First Quarter Fiscal 2024 Results

GRAPEVINE, Texas, May 30, 2024 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today announced that it will report first quarter fiscal 2024 results after the market closes on Tuesday, June 11, 2024. Contacts GameStop Corp...

GME - Wall Street passes early test of settling stock trades faster under T+1 rule

2024-05-30 13:49:21 ET More from the markets S&P 500 resumes ticking after data issues caused delay in pricing Big Banks Pressuring Fed To Loosen Protection For Depositors Top 10 High Dividend Yield Companies For June 2024 Bullish sentiment falls on conce...

GME - Options Traders Raise Bets On Meme Coins As Rally Intensifies

2024-05-30 09:57:48 ET A trader has bought two million call options on %Dogecoin (CRYPTO: $DOGE) as the current rally in meme coins gathers steam. The options trader took out the call option on Dogecoin at a strike price of $0.22 U.S., which is nearly 40% higher than the cryptocurre...

GME - U.S. video game sales fall 3% in April, led by a 43% drop in hardware sales

2024-05-29 14:52:10 ET U.S. video game sales fell 3% year-over-year in April to $1.4 billion, according to research group Circana, led by a massive drop in hardware sales. ... Read the full article on Seeking Alpha For further details see: U.S. video game sales fall 3% ...

GME - Nvidia jumps back atop IBKR's most-active list after blowout Q1 report while AMC vanishes

2024-05-28 16:56:51 ET More on the markets Nvidia: Here Comes The Test GameStop resumes meme-fueled rally with offering completed Disinflationary boom stoked by AI surge, Chinese labor productivity Application Software is a major concern within Tech - Roth MK...

GME - US Companies Moving the Markets, Evening edition
Tue, May 28, 2024 as of 4:00 pm ET

A look at the top 10 most actives in the United States Pineapple Energy Inc. (PEGY) rose 46.0% to $0.2601 on volume of 655,453,952 shares Sharps Technology Inc. (STSS) rose 141.4% to $0.5174 on volume of 299,690,189 shares Greenwave Technology Solutions Inc. (GWAV) fell 7.4% to $0.0786 on...

GME - Event-Driven Strategies, Commodities, And Writing Options With Asif Suria

2024-05-28 13:00:00 ET Summary Asif Suria focuses on risk rather than reward with event-driven strategies. Interest in commodities, particularly copper, oil, and gold, which have been performing well. Scaling back on tech stocks and exploring opportunities in merger arbitrage,...

GME - Wall Street Lunch: This Is Takeover Tuesday

2024-05-28 12:23:00 ET Summary T-Mobile to acquire US Cellular's wireless operations, Energy Transfer to buy WTG's pipeline network, Atlantica Sustainable Infrastructure to go private. OpenAI starts training new flagship AI model, forms safety panel with Sam Altman in it. UBS'...

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