GameStop Disappointing Guidance Rattles GME Stock: Key Factors
GME stock sentiments could turn from bad to worse after GameStop Corp. (NYSE:GME), video-game retailer, lowered its guidance for the year, following a disappointing holiday sales season. A confirmation that full-year sales could drop 21% ... [Read]
GME Stock Drops 20% After GameStop Slashes Full-Year Guidance
GME stock plunged 20% on Wednesday after GameStop Corp. (NYSE:GME) announced uninspiring Q3 2019 earnings results. The company slashed its full-year profit guidance as it continues to grapple with delays in the purchase of consoles ... [Read]
GME Stock in Focus Ahead of Q3 Results: Key Metrics to Watch
GME stock has dipped significantly this year, falling to its lowest valuation in 10 years. For over a year, GameStop’s (NYSE:GME) earnings reports have been uninspiring, and now, as it prepares to release the Q3 ... [Read]
GME Stock Gains After GameStop Unveiled Black Friday Deals
GME stock is in the green on Monday after GameStop (NYSE:GME) announced its Black Friday deals. The busiest shopping day of the year takes place this Friday, November 29, with GameStop’s deals carrying on over ... [Read]
GME Stock Drops as Company Announces Closure of 200 Stores
Gamestop Corporation (NYSE:GME) has announced the closure of 200 stores worldwide, which did little to help the decline in GME stock. The world’s largest video game retailer, which operates over 5,700 stores across the globe, ... [Read]
GME Stock Soars 12% Ahead of Earnings Day: A Bullish Sign?
GME stock is down 65% this year after a torrid few months for the video retailer. GameStop Corp’s (NYSE:GME) attempt to move from the physical video game retailing model backfired, and efforts to sell the ... [Read]
GME Stock Jumps Another 15%: What’s Going On?
GME stock continues to move higher for the fifth trading session after Michael Burry’s disclosure of holding 3 million GameStop Corp. (NYSE:GME) shares through his firm. Major Boost As everyone knows, gaming is now big ... [Read]
GME Stock Plummets on Disappointing Q1 Results: What Next?
GME stock has plummeted in the days after its Q1 earnings report released Tuesday. Shares are currently selling for $5.04 USD on the NYSE; however, prior to the report, stock was trading comfortably sideways around ... [Read]
GME Stock in Focus Ahead of Q1 Earnings: GameStop Faltering
GME stock is trading lower ahead of GameStop Corp’s (NYSE:GME) first-quarter results. GameStop Corp has had to deal with declining sales in the past year, which the retailer’s diversification strategy could not offset. However, that ... [Read]