Any recent changes to analyst estimates for GameStop should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit p...
Analysts and investors alike will be keeping a close eye on the performance of GameStop in its upcoming earnings disclosure. The company's earnings report is set to go public on December 10, 2024. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $900 million, do...
But while Wedbush Securities analyst Michael Pachter agreed with Kusin that GameStop should shrink its physical footprint, he argued that the best path forward is to shut down and sell the brand. A GameStop store is seen in New York on March 4, 2024.(Shelby Knowles / Bloomberg / Getty Im...
Upon noticing this shorting activity, a significant number of WallStreetBets members hatched a plan to buy and hold GameStop stock as a way to drive the stock price higher and trigger what is known as ashort squeeze, whereby the stock borrowed by the hedge funds would have to be bought by...
Sure, most of the ‘professional’ investors lost millions, if not billions, covering their short positions in GameStop. But they had the capital to do so. Retail traders, especially inexperienced ones, should not be shorting stocks because if it gets away from you, the losses are potentially...
This game should need no introduction. Star Wars Jedi: Survivor is one of the best Star Wars games ever made, continuing the story began in Fallen Order with huge improvements to gameplay, combat, the open-world formula, and the narrative. There's a reason it was one of the most critical...
Feeling pretty clever for how you rode the GameStop train? You should. But don’t assume you can do it again. Your bet — because face it, it was kind of a bet — could just have easily not paid off. Only in hindsight could anyone have predicted what happened...
Jeff Bakalar talks to CBS News Business Analyst Jill Schlesinger about GameStop's wild stock ride and how a subreddit helped kick off its meteoric rise in the face of the financial institutions that had been shorting it.
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