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....
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GameStop: 'Roaring' Comeback Fizzles Out