The Latest Breaking News from GME

GameStop (NYSE:GME) will release its quarterly earnings report on Tuesday, 2024-12-10. Here's a brief overview for investors ahead of the announcement.

GameStop stock is a high-risk investment due to its weak fundamentals, falling sales estimates, and volatile share price.

Deep-pocketed investors have adopted a bearish approach towards GameStop (NYSE:GME), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in GME usually suggests something big is about…

GameStop stock is plunging Wednesday after the video-game retailer said sales declined in Q2 and that it's selling shares to raise cash.

Bill Gross said on X: "There seems to be a new meme stock every other day now. Most are pump and dump."

There were 87 unusually active put options in Wednesday trading expiring between July 19 and July 26. Three could provide aggressive investors with $1,000 in income over the next month.

After its well-received earnings report, analysts at UBS upgraded Best Buy, predicting more upside ahead for the big-box retailer.

GameStop stock short seller Citron Research exited GME, citing the retailer's swelling cash coffers and "cult-like" investor following.

Not surprisingly, GameStop reported terrible Q1 2024 results Friday morning before the open. GME stock was down more than 20% in premarket trading. Thursday, the company's options volume was 1.53 million, 2.8x the 30-day average. That provided lots of unusually active options.