You Searched For "GameStop earnings" and got 20 results
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2 mins read
GameStop slides 10% as the video game retailer reports a 2nd-quarter loss and offers little guidance for investors
"In terms of our outlook, we are not providing formal guidance at this time," said GameStop after r…
Carla Mozée
1 min read
GameStop shares slump after retailer discloses SEC subpoena and misses earnings estimates
GameStop said in a filing that it's working on producing the documents requested in the SEC's subpo…
Natasha Dailey
1 min read
GameStop surges to the top of Wall Street Bets discussions as the stock sees its biggest jump in 10 weeks
GameStop was the most discussed stock on Reddit's Wall Street Bets, mentioned 830 times in the last…
Isabelle Lee
1 min read
Meme stock GameStop surges 35% after it posted a surprise profit for the first time in 2 years
GameStop reported a profit of $48.2 million in the fourth quarter of 2022 — reversing a $147.…
Huileng Tan
2 mins read
GameStop plunges 27% as company says it plans to sell up to 5 million shares and discloses SEC request for information on trading activity
The video game retailer said it will cooperate with the SEC which is investigating trading activity…
Carla Mozée
2 mins read
Why the latest stock market bubble isn't like others we've seen before
Markets have surged, but the rally hasn't been accompanied by high and rising leverage like previou…
Phil Rosen
4 mins read
'Abercrombie & Fitch is cool again': A WallStreetBets post from 2 years ago nailed the clothing retailer's 305% meme-stock spike
At the time of the Reddit post, Abercrombie & Fitch stock traded at just over $32 per share, which …
Matthew Fox
2 mins read
GameStop has had a wild ride in 2021, but the stock is still up 1,600% heading into its latest quarterly financial report
"We believe we're putting the right pieces in place," GameStop's newly elected chairman Ryan Cohen …
Carla Mozée
2 mins read
Robinhood turns higher after hitting all-time lows one year after the GameStop frenzy
The brokerage's stock hit record lows as its Q4 report indicated people aren't trading as much as t…
Carla Mozée
2 mins read
US stocks drop as First Republic revives bank worries and investors await big tech earnings
US equities fell the most in a month on Tuesday as concerns over the banking sector's health croppe…
Morgan Chittum
2 mins read
Nokia surges 11% as the meme stock favorite says it plans to raise guidance for 2021
"Performance in the first half provides a good foundation for the full year," says Nokia CEO Pekka …
Carla Mozée
2 mins read
The hedge fund blown up by its bad GameStop bet aims to scale down assets to renew outperformance
Gabe Plotkin's Melvin Capital suffered a 39% loss in 2021, and was down another 21% in the first qu…
Matthew Fox
4 mins read
Despite the GameStop saga and Archegos implosion, banks and hedge funds had a blowout quarter. This is how they did it.
Wall Street profited massively from a volatile three months, with red-hot results at banks and the …
Harry Robertson
3 mins read
GameStop execs are speaking on Tuesday for the first time since the company's stock exploded, and experts say the company's stock price is divorced from reality
GameStop execs are finally going to break their silence about the stock explosion on Tuesday aftern…
Ben Gilbert
2 mins read
Melvin Capital to shut down one year after GameStop short-squeeze caused billions in losses for the hedge fund
"The past 17 months has been an incredibly trying time for the firm and you, our investors," Plotki…
Matthew Fox
2 mins read
US stocks drop but end the week with strong gains after latest Fed move and mega-cap earnings
With about half of S&P 500 companies having reported fourth-quarter earnings, 70% of those companie…
Matthew Fox
1 min read
GameStop is almost six times more volatile than bitcoin as earnings results jolt retail belief in a turnaround
The daily average percentage move in shares of GameStop stands at 21%, compared to just 3.6% for bi…
Matthew Fox
2 mins read
GameStop shares jump 11% after the video game retailer partners with Sam Bankman-Fried's FTX crypto exchange
The news of GameStop's partnership with the crypto exchange came as it reported lower sales and sha…
Theron Mohamed
2 mins read
Meme-stock favorites GameStop and AMC plunge 15% as key technical support fails and shares approach death cross
While AMC and GameStop are about 60% below their record highs, the stocks are still up 1,004% and 6…
Matthew Fox
1 min read
Gamestop's earnings call hit max capacity with investors eager to hear its response to Wall Street Bets mania
Reddit day traders' crusade sent Gamestop's stock on a wild ride last quarter, but the company refu…