GME Stock Recent News

Tom Essaye says "none of these companies are presenting credible long-term plans" to sustain growth. He and Dave Mazza discuss the long uphill battle Gamestop (GME) and other meme stocks face in the current market environment.

Videogame retailer and original meme stock GameStop reports second-quarter results after market close Tuesday.

GameStop's stock has surged recently, but with high short interest and an earnings report imminent, consider taking profits before potential volatility. The company faces declining revenue, no earnings, and lacks a viable turnaround plan, making its current $10 billion valuation unsustainable. Despite some improvements in margins and a strong balance sheet, the core business model remains flawed, with retro store concepts unlikely to drive significant growth.

A well-timed trade in GameStop's options reaped a handsome profit on Friday after an account associated with "Roaring Kitty," a stock influencer and longtime champion for the video game retailer, published a cryptic post on social media platform X.

Investors should be ready for wild fluctuations in shares.

GameStop Corp (NYSE:GME) is expected to report second quarter financial results in line with expectations, with the video game retailer seen posting a “modest” sequential improvement in profit, analysts at Wedbush believe. This increase in profit is expected to stem from increased interest income following two share offerings for a total of 120 million shares that netted the company $3 billion or $7 per share.

Zacks.com users have recently been watching GameStop (GME) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

GameStop NYSE: GME shares are up more than 17% from the late-August low, confirming support at a critical level, and they may head higher. Is this stock buyable at these levels?

GameStop (GME) reports quarterly financial results after the closing bell Tuesday, with analysts expecting lower revenue, a slightly larger net loss, and lower comparable store sales compared to the second quarter of fiscal 2023.

Gen Z investors are "renegade" and "anti-establishment" compared to older investors, entering the market earlier, with a higher risk tolerance, as well as relying heavily on social media for information and trading apps for access to markets.  This is according to a report from research house Hardman & Co', which highlights how this generation's investing habits differ from older investors in both approach and portfolio composition.