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'They Pulled It Off': Jim Cramer Very Impressed By GameStop's 'Comeback,' Expects Stock Price To Climb
Wednesday, March 22, 2023 - 3:38pm | 464In order to be successful under current market conditions, Jim Cramer believes companies need to focus on cutting costs and growing revenues. That's what GameStop Corp (NASDAQ: GME) was able to do last quarter, and Cramer came away impressed. "They actually sold a lot of goods, they...
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GameStop 'Much Healthier Business Today' Than At Start Of 2021: CEO
Wednesday, March 22, 2023 - 1:00am | 454GameStop Corporation (NASDAQ: GME) CEO Matt Furlong said at the company’s fourth-quarter earnings conference that the retailer was much “healthier” in the present day than when 2021 began. What Happened: Furlong said GameStop has “...
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GameStop Files Trademark For GameStop Wallet: What Investors Should Know
Monday, March 28, 2022 - 2:46pm | 653Leading video game retailer GameStop Corp. (NYSE: GME) filed a new trademark that has caught the attention of investors and fans of non-fungible tokens. Here’s the latest. What Happened: A trademark filing from GameStop was shared on Twitter Inc (NYSE: TWTR) by GamestopDD Monday. The...
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GameStop Says Has Learned From Past Mistakes: Touts Crypto, Blockchain, NFT Forays As It Focuses On 'Future Of Gaming'
Thursday, March 17, 2022 - 11:12pm | 598GameStop Corporation (NYSE: GME) has learned from the “mistakes of the past decade” when it failed to adapt to the future of gaming, CEO Matt Furlong said on the company’s fourth-quarter earnings call on Thursday. What Happened: Furlong stressed that...
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How Did Ryan Cohen Get Matt Furlong To Move Over From Amazon To GameStop?
Monday, June 14, 2021 - 3:14am | 507GameStop Corp. (NYSE: GME) Chairman Ryan Cohen adopted a no-frills strategy in hiring Amazon.com Inc. (NASDAQ: AMZN) executive Matt Furlong as the videogame retailer’s new CEO, Reuters reported, citing people familiar with the matter. What Happened: Cohen, who is also the co-founder of online...
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5 Things You Might Not Know About New GameStop CEO Matt Furlong
Thursday, June 10, 2021 - 10:21am | 781On Wednesday, GameStop Corporation (NYSE: GME) announced first quarter financial results and also that Matt Furlong will take over as the new CEO of the company. Here is a look at who Furlong is and his past experience. 1. Amazon Australia: Prior to GameStop, Furlong worked for Amazon.com Inc (...
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Why GameStop Is Trading Lower Today
Thursday, June 10, 2021 - 8:45am | 291GameStop Corp (NYSE: GME) is trading lower Thursday morning after the company announced its first-quarter financial results, a share offering — and SEC probe. What Happened: GameStop reported an earnings loss of 45 cents per share, which beat the estimate for a loss of 83...
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GameStop Stock Falls On Q1 Results; New CEO, CFO From Amazon To Make E-Commerce Push
Wednesday, June 9, 2021 - 4:33pm | 463GameStop reported first-quarter financial results after the close Wednesday and announced the appointment of two new top executives. What Happened: Sales in the first quarter rose 25% year-over-year for GameStop Corp (NYSE: GME). The company’s $1.28 billion in sales came in ahead of the...