GameStop (GME) stock is falling on Thursday after the company fired its CEO alongside the release of its Q1 earnings report!
Fundamentally, GameStop has adequate financial capital and stamina to reposition the company to benefit from the new console cycle at the end of 2020. It has a cash balance of $290.3 million and inventory worth $1.3 billion, which is more than enough to paydown their debt of $419.4 million...
I wish I could've still been part of Game Informer but being partnership with GameStop was the big reason why I left them. This one's for you @SecretPolice as I too love their Halo covers: Game Informer just shut down. Here are their Halo covers from over the years. Image by @...
The investor at the center of the pandemic meme stock craze says he still believes GameStop’s management team can turn the struggling video game retailer around.
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GameStop Corp pattern recognition tool provides the execution environment for running the Mat Hold recognition and other technical functions against GameStop Corp. GameStop Corp value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an importan...
Short sellers in GameStop are down $5 billion on a mark-to -market, net-of-financing basis in 2021, which included $876 million of losses early Tuesday, according to analytics firm S3 Partners — *Walter Bloomberg (@DeItaone)January 27, 2021 ...
So hedge funds moved to drive GameStop’s stock (GME) down, profiting as they continued to short sell before Redditors took notice and mounted a pushback. They purchased as many GME shares as possible to drive up the price, knowing that these hedge funds still had unaccounted shares to ...
Indeed, Wall Street pros have long attributed Trump Media’s wild swings tothe meme-stock movement— a pandemic phenomenon where traders drive up the shares of companies like GameStop based on the vibes around them, rather than the underlying businesses. ...