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The Latest Breaking News from GameStop Corp

Video game and electronics retailer GameStop (GME) reported declining revenue and huge losses in its last reported quarter, and its financial position is threatened by increasing cash burn. However, following last year’s massive losses, this meme stock recovered slightly earlier this year. Let’s find out if one should buy or…

StockNews.com

It's Past Time for These Meme Stocks to Fade Out

Since fundamentally weak, over-hyped, and over-leveraged businesses seem to be living on borrowed time in a turbulent economy, it may be wise to sell GameStop (GME), AMC Entertainment Holdings (AMC), and BlackBerry Limited (BB). Continue reading….

StockNews.com

5 Retail Stocks to Avoid as Shoppers Pull Back on Spending

As inflation continues to remain elevated and the Fed is unlikely to stop its rate hikes, the retail industry could remain under pressure due to dampened consumer spending. Therefore, investors could benefit from steering clear of fundamentally weak stocks Five Below (FIVE), GameStop (GME), Wayfair (W), Ollie's Bargain Outlet Holdings…

StockNews.com

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3 Short Squeeze Stocks to Make Sure You Sell Before It’s Too Late

Although inflation reduced significantly from its peak, it remains far off the Fed’s target. The sequential increase in inflation and hotter-than-expected jobs report last month could compel policymakers to raise interest rates higher than previously expected until it achieves its 2% inflation target. Since it may not be easy for…

StockNews.com

Is It Game Over for This Stock In 2023?

Since the turn of the year, GameStop (GME) has shown signs of a reprise of its mind-boggling bull run of 2021. We look into the company's fundamentals to determine whether the optimism is justified. Read on….

StockNews.com

3 Meme Stocks to Sell for Tough Times Ahead

Despite the recent rally in meme stocks due to risky bets by amateur speculators, fundamentally weak, over-hyped, and over-leveraged businesses are unlikely to survive the rising rate environment. Hence, it may be wise to sell GameStop (GME), AMC Entertainment Holdings (AMC), and Bed Bath & Beyond (BBBY). Continue reading….

StockNews.com

2 Short Squeeze Stocks You Should Avoid

With the macroeconomic headwinds set to intensify further, the current optimism in the market is expected to fizzle out as quickly as it began. Since the stock market will likely remain under pressure in the near term, investors should still avoid so-called short-squeeze stocks, GameStop (GME) and AMC Entertainment Holdings…

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GameStop Surges Higher On Recognition Of This Bullish Pattern: Here's What To Watch

GameStop Corp. (NYSE: GME) was spiking up more than 8% on Tuesday, in tandem with the S&P 500, which gapped up and continued to surge about 2.8% intraday.

Benzinga

3 Stocks With More Reasons to Sell Than Buy Right Now

With inflation far from Fed’s control, analysts predict the possibility of the central bank continuing its aggressive interest rate hikes. Amid the rising recession fears and continued market uncertainty, we think fundamentally weak stocks Twitter (TWTR), GameStop (GME), and Opendoor Technologies (OPEN) are best avoided now. Keep reading….

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3 Retail Stocks to Cut From Your Portfolio Before Things Gets Worse

With inflation hovering near a 40-year high, the specialty retail industry is crippling. Since persistent economic headwinds make the industry’s prospects bleak, we think fundamentally-weak retail stocks GameStop Corp. (GME), Five Below (FIVE), and Wayfair (W) are best avoided now. Read on….

StockNews.com

3 Stocks to Avoid to Stay Away From the Meme Mania Hype

The meme stock mania is back again this year, with several fundamentally weak stocks gaining significantly over the past few months. Since the market is expected to remain under pressure in the upcoming months, it could be wise to stay away from fundamentally weak meme stocks Palantir Technologies (PLTR), GameStop…

StockNews.com

The Worst Stock to Buy on Wall Street Right Now

Specialty retailer GameStop (GME) recently announced a partnership with FTX US, which seems to have buoyed its stock. However, given its bleak fundamentals, it could be wise to steer clear of this popular meme stock. Read on….

StockNews.com

Sell These 3 Meme Stocks While You Still Can

Meme stocks gained popularity last year, with several fundamentally weak stocks rising to unsustainable prices based on retail investors’ bets against short-selling hedge funds. Prominent meme stocks GameStop (GME), BlackBerry (BB), and Virgin Galactic (SPCE) have lost significantly from the highs they hit last year. Given the overall risk-off environment,…

StockNews.com

Is GameStop Stock a Buy Following Its NFT Debut?

Specialty Retailer GameStop (GME) debuted its NFT marketplace last month. However, with its bleak bottom-line positioning, would it be wise to invest in this popular meme stock now? Read on to find out….

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Benzinga

What's Next For The 20-Year Old Behind $100M Bed Bath & Beyond Trade? Why Jake Freeman Is Focused On This Psychedelics Stock

Bed Bath & Beyond (NASDAQ: BBBY) traders learned last week about Jake Freeman, the 20-year University of Southern California student investor who outsmarted the entire class of "Ape" investors, including GameStop Corp. (NYSE:

StockNews.com

1 Stock Investors Should Avoid for the Rest of 2022

Despite possessing weak fundamentals, GameStop (GME) witnessed a skyrocketing rally last year solely based on retail investors’ bets against hedge funds. However, this year, investors are getting rid of risky, fundamentally weak stocks amid heightened market volatility. Given its deteriorating financials, bleak growth prospects, elevated valuation, and low profitability, GME…

Benzinga

GameStop's NFT Marketplace To Get Top 10 NFT Project As Part Of Long-Awaited Gaming NFT Updates

Video game retailer GameStop Corp. (NYSE: GME) launched an NFT marketplace earlier this year as it looked to grow its presence in the Web3 space. The company shared an update on launching more gaming-related NFTs on its platform. Here are the details.

Benzinga

AMC, GameStop Are Running Again: What's Behind The Latest Meme Stock Rally?

Meme stocks were ripping higher on Monday, led by Bed Bath & Beyond Inc (NASDAQ: BBBY), which was up another 50% on Monday morning and is now up 111.5% in the last week. Other high-flying meme stocks of 2021 are also on the move on Monday, with GameStop Corp.

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5 Meme Stocks to Sell Right Now

The term 'meme stocks’ gained massive popularity last year, with several fundamentally weak stocks soaring to unsustainable prices solely based on retail investors’ bets on them. However, this year, investors are fleeing risky positions amid the overall risk-off sentiment and heightened volatility. So, it could be wise to avoid fundamentally…

Benzinga

A Look At GameStop As The Stock Regains This Bull Market Indicator

GameStop Corp. (NYSE: GME) was trading slightly higher in the premarket on Wednesday after regaining the 200-day simple moving average (SMA) on Tuesday.

StockNews.com

Is GameStop Stock a Buy After Its 4-for-1 Split?

Investors Business Daily

Gamestop Corp Stock Clears Technical Benchmark, Hitting 80-Plus RS Rating

Gamestop Corp sees its Relative Strength Rating move into the 80-plus level.

Investors Business Daily

GameStop Stock Shows Improved Relative Strength; Still Shy Of Benchmark

Gamestop Corp shows improving price performance, earning an upgrade to its IBD Relative Strength Rating

Benzinga

GameStop NFT Marketplace Takes Two Days To Pass Coinbase NFTs In Sales Volume: Could Launch Be Underestimated By Market Experts?

Leading video game retailer GameStop Corp (NYSE: GME) has highlighted plans for an NFT marketplace as one of its key growth items moving forward. After a slight delay, the marketplace is live and putting up sales volume that is already ahead of a leading cryptocurrency platform.

Investors Business Daily

Gamestop Corp Stock Gets Another Technical Rating Upgrade

Gamestop Corp shows improving price performance, earning an upgrade to its IBD Relative Strength Rating

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