GME May 2024 5.500 put
| Previous close | 0.0100 |
| Open | 0.0100 |
| Bid | 0.0000 |
| Ask | 0.0000 |
| Strike | 5.50 |
| Expiry date | 2024-05-17 |
| Day's range | 0.0100 - 0.0100 |
| Contract range | N/A |
| Volume | |
| Open interest | 13 |
- Yahoo Finance Video
GameStop stock sinks on plan to issue shares, Q1 sales drop
GameStop (GME) shares are sinking after announcing it was planning on issuing up to 45 million additional shares. The video game retailer also released preliminary first quarter results that show expected net sales to be in a range of $872 million to $892 million compared to $1.237 billion in the same quarter a year ago. In the video above, Yahoo Finance's Brad Smith and Seana Smith discuss what this move means for GameStop investors. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Stephanie Mikulich.
- Yahoo Finance Video
Stocks on track to post weekly gains, Reddit pops on OpenAI deal: Yahoo Finance
All three of the major indexes (^DJI,^GSPC, ^IXIC) are in position to post gains for the week despite notching losses in Thursday’s trading. Investors will be watching to see if the Dow Jones Industrial Average can close above 40,000, a benchmark it crossed in intraday trading yesterday. One stock on the move is Reddit (RDDT). Shares of the social media company are soaring after announcing that it struck a deal with OpenAI to bring its content to ChatGPT and that it will use OpenAI’s models to power new AI features for the platform. Other trending tickers on Yahoo Finance include GameStop (GME), Alibaba Group (BABA), Take-Two Interactive (TTWO), and Applied Materials (AMAT). Top guests today include:9:05 a.m. ET - Jack Manley, Global Market Strategist at J.P. Morgan Asset Management10:00 a.m. ET - Brian Belski, BMO Capital Markets Chief Investment Strategist10:20 a.m. ET - Tony Bancroft, Gabelli Funds portfolio manager11:05 a.m. ET - Michael Roberts, University of Pennsylvania The Wharton School Professor of Finance11:15 a.m. ET - Patrick De Haan, GasBuddy Head of Petroleum Analysis
Investor's Business DailyDow Jones Rises: Nvidia Rival AMD Jumps On Microsoft Report; GameStop Plunges On Plan To Sell Shares
The Dow Jones rose Friday as GME stock plunged on plans to sell shares on the stock market today. Nvidia rival AMD jumped on a Microsoft report.
