In January, the company shuttered 401 stores. This is nearly double the amount of stores that closed in fiscal year 2024, according to data compiled from a website tracking location closures, said New ...
GameStop shares tumbled 19.7% Friday after the video game retailer said it plans to sell additional shares and reported preliminary results that showed a drop in first-quarter sales. In a new ...
GameStop is a compelling contrarian rebound play after a ~20% decline this year, and the stock is no longer just a meme-stock ...
While GME has risen almost $4 or 15% to $30.90 since the company announced its third fiscal quarter results nearly two weeks ago, the key takeaway is the basic story hasn’t changed. Revenue continues ...
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GameStop’s Retail Business Is Dwindling. Could It Buy Bitcoin Like MicroStrategy Instead?
GameStop wants to be more like MicroStrategy—and those plans are boosting the stock Friday. But it may make the already highly speculative stock even more of a gamble. According to CNBC, which cited ...
This week, GameStop quietly updated its investment policy to include Bitcoin as a treasury reserve asset. With approximately $4.78 billion in cash—nearly 37% of its $12.9 billion market cap—this move ...
GameStop stocks rose 18% in after-hours trading amid speculation that it is considering investments in alternative asset classes, including cryptocurrencies. A Feb. 13 report by CNBC, citing three ...
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