-
GameStop Needs To Put Its Game Face On
Friday, March 26, 2021 - 10:21am | 902Read More...After several wild weeks in the spotlight, GameStop Corp. (NYSE: GME) released financial results for the quarter that ended on January 30th. On Tuesday, GameStop showed it achieved its first quarterly sales increase in two years but fell short of Wall Street expectations. The gaming retailer also...
-
Monday's Market Minute: Rising Rates And The Fed
Monday, March 22, 2021 - 9:42am | 405Read More...Investors and traders are dialed in on inflation, economic data, and interest rates this week, so let’s take a minute to get ahead of what’s to come. First, we have rates on the rise, and long-term investors are wondering if the recent spike will derail some of the existing trends that...
-
Wednesday's Market Minute: This Is Not A Drill
Wednesday, February 24, 2021 - 10:40am | 499Read More...Within minutes of the opening bell on Tuesday, the hashtag #BuyTheDip started trending on Twitter. The dip in reference was not Gamestop Corp. (NYSE: GME), Dogecoin, or an imploding EV SPAC (that wasn’t until the closing bell). This day-trader call to arms was for the sake of the entire stock...
-
Walmart Earnings Come Up Short, With Outlook Also Disappointing Wall Street
Thursday, February 18, 2021 - 10:58am | 2818Read More...It’s been a tough week for some of the world’s largest stocks. Apple Inc (NASDAQ: AAPL) and Tesla Inc (NASDAQ: TSLA) keep losing ground (see more below), and now Walmart Inc (NYSE: WMT) joins them as investors register disappointment with the company’s...
-
The Importance Of Education In A Social Media-Fueled Trading Era
Thursday, February 18, 2021 - 9:32am | 1057Read More...The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Social media has played a significant role in the way retail traders have behaved over the past year. Sites such as Twitter Inc (NYSE:...
-
Friday's Market Minute: "Price Is What You Pay; Value Is What You Get"
Friday, February 5, 2021 - 10:36am | 429Read More...It should be clear to everyone by now that short squeezes are not based on company fundamentals. Rather, they are driven by human behavior and technical factors. Given that human behavior never changes, it is reasonable to assume market participants experience similar emotions at the various parts...
-
Fintech Focus For February 5, 2021
Thursday, February 4, 2021 - 6:53pm | 2031Read More...Quote To Start The Day: Robinhood Markets, GameStop Corp. and hedge funds are all on the wish list that House Financial Services Committee Chair Maxine Waters is assembling for a hearing that will dig into the Reddit-fueled stock trading that has shocked Wall Street and lawmakers. “I’m...
-
In Defiance Of Gravity: What's A Short Squeeze And Why Do They Happen?
Friday, January 29, 2021 - 2:36pm | 3078Read More...Last year it was Tesla Inc (NASDAQ: TSLA). So far this year, it’s been AMC Entertainment Holdings Inc (NYSE: AMC), GameStop Corp. (NYSE: GME), and American Airlines Group Inc (NASDAQ: AAL). Anyone watching the markets and reading the news in January...
-
Fintech Focus For January 27, 2021
Tuesday, January 26, 2021 - 8:57pm | 2806Read More...Quote To Start The Day: October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February. Source: Mark Twain One Big Thing In Fintech: Greenwood Financial, a new challenger bank...
-
GameStop Earnings Disappoint; Chewy, Peloton Open Books After Market Closes
Thursday, September 10, 2020 - 10:23am | 1854Read More...With little in the way of market-moving news overnight, U.S. investors appear to be assessing the recent selloff and bounce in tech-related companies. Stocks may be in consolidation mode, with investors waiting for a fresh catalyst to move the market one way or another. Overnight, the...
-
GameStop Wins on First-Quarter Results, Loses on Guidance
Thursday, May 23, 2013 - 11:33am | 457Read More...GameStop Corporation (NYSE: GME) reported its first-quarter results Thursday, beating both EPS and revenue estimates. The Grapevine, Texas-based firm's EPS declined nearly 15 percent to $0.46, but comfortably topped the Wall Street consensus of $0.40. Revenue declined 6.5 percent year-over-...
-
GameStop Offering iDevice Trade-Ins in Exchange for Credit
Monday, September 12, 2011 - 8:55pm | 421Read More...GameStop announced today that it has launched a new promotion that allows customers to trade-in their iPod, iPhone or iPad for "credit toward video games, gaming systems, downloadable content (DLC) and more." The promotion launches today and is valid in U.S. stores. Many iPod, iPhone and iPad...
-
Piper Jaffray Upgrades GameStop Corporation To Neutral, Raises PT To $27
Tuesday, July 5, 2011 - 7:53am | 28Read More...Piper Jaffray has upgraded GameStop Corporation (NYSE: GME) from Underweight to Neutral and has raised the price target from $17 to $27.
-
Goldman Sachs Raises PT On GameStop To $26
Friday, May 20, 2011 - 8:27am | 27Read More...Goldman Sachs has raised the price target on GameStop Corporation (NYSE: GME) from $23 to $26 and maintains its Neutral rating.
-
Sterne Agee Comments On GameStop Investor Day
Monday, April 4, 2011 - 8:56am | 230Read More...According to Sterne Agee, GameStop (NYSE: GME) investor day provides roadmap for transformation. Sterne Agee reported that it thinks at the company's first-ever investor day last Friday, management made its strongest case yet for the future relevancy of its business. “The just announced digital...
