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GME's U.S. profit rebound highlights Q1, but Europe slump and Canada exit keep pressure on recovery.
Live Updates Live Coverage Updates appear automatically as they are published. Shares Flat 11:07 am by Eric Bleeker As of 11:07 a.m. ET, shares are flat to slightly in the red again. Yesterday, other popular momentum stocks like Lucid and QuantumScape fell, but both those stocks are slighlty positive today. In general, the key market theme today has been a rotation out of risk. Many of the most popular momentum/meme stocks are seeing large declines. Among other popular Wallstreetbets stocks, Kohl’s is up 36% and has been steadily rising since about 10 a.m. ET. Currently at 7% Gains 10:50 am by Eric Bleeker The whipsaw price action continues and Opendoor shares are now up a little under 7% as of 10:51 a.m. ET. It’s worth noting this is below the $4.50 options that were the most popular buy yesterday. We’ll see if there are enough buyers to make another run at $5 today (Opendoor peaked at $4.88 yesterday). Wall Street's Hottest Stocks: Opendoor and ... Kohl's?
GameStop NYSE: GME CEO Ryan Cohen attempted to bring clarity to the market in a televised interview. He says the company isn't trying to be a Bitcoin repository and isn't following in the steps of Strategy NASDAQ: MSTR, which is good news.
Shares of Opendoor Technologies Inc (NASDAQ: OPEN) soared more than 85% on Monday as a wave of retail investor enthusiasm sent the stock to its highest level in over a year, reviving memories of the GameStop Corp (NYSE:GME) trading mania of 2021. The online real estate platform's stock has jumped 188% over the past week, rising from just above $0.50 in late June to $4.22 at midday Monday.
Opendoor Technologies Inc.'s recent rally is driven by meme stock dynamics and short interest, not just fundamentals, making the surge speculative. Bullish case: Opendoor is now a near-monopoly in iBuying, with strong cash reserves, cost cuts, and potential upside if the housing market rebounds. Bearish case: The company remains unprofitable, faces high debt, dilution risk, and operates in a fragile, uncertain housing market.
Recently, Zacks.com users have been paying close attention to GameStop (GME). This makes it worthwhile to examine what the stock has in store.
GameStop's Ryan Cohen discusses turning the Nintendo Switch 2 'Staplegate' into a charitable win, the company's financial turnaround, and his views on Bitcoin.
The Roundhill Video Games ETF NERD launched in 2019 and is having a great year in 2025 thanks to the launch of the Switch 2 console from Nintendo Co NTDOY.
Gamestop has transformed from a meme stock to a fundamentally stronger company with a refreshed balance sheet and reduced bankruptcy risk. The aggressive pivot into the trading card market, including PSA partnerships and card grading, is a high-margin, high-growth opportunity being overlooked by the market. Valuation based solely on collectibles suggests meaningful upside, with the segment trading at a discount to its growth and margin potential.
In the most recent trading session, GameStop (GME) closed at $23.68, indicating a +1.98% shift from the previous trading day.