GME Jul 2024 12.000 call
- Yahoo Finance Video
GameStop stock falls on Q1 revenue miss
GameStop (GME) has witnessed a rollercoaster ride in its stock price, with shares surging recently after the return of meme trade icon Keith Gill. However, the gains were short-lived as the company's first quarter results fell short of revenue estimates. In a bid to boost liquidity, GameStop announced plans to sell up to 75 million shares, a move that has weighed heavily on the stock's performance. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
- Yahoo Finance Video
Stocks little changed, GameStop rally: Market trends of the day
Yahoo Finance's Josh Schafer joins Asking for a Trend to break down the trading day's biggest stories. The markets (^DJI,^GSPC, ^IXIC) remained relatively unchanged ahead of Friday's jobs report, where analysts expect 185,000 nonfarm payroll adds for the month of May. The report will be part of the economic data examined by the Federal Reserve when weighing its next interest rate decision. Many expect rate cuts to start in September as inflation cools. On the retail front, GameStop (GME) is rallying on the return of Roaring Kitty's upcoming livestream and a Reddit post showing an increasing position in the meme stock. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Melanie Riehl
- Yahoo Finance
GameStop stock soars as 'Roaring Kitty' announces livestream, reveals $382 million unrealized gain
First X, then Reddit, now YouTube. GameStop's most bullish enthusiast announced a livestream, and the stock surged.
