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The Latest Breaking News from GameStop

GameStop Stock Higher Despite Wider Q3 Loss, Muted Video Game Sales

"We're seeking to transform a legacy brick-and-mortar business that was on the brink of bankruptcy ... this path carries risk and is taking time," said CEO Mike Furlong.

The Street

Stocks Steady, Tesla, Carvana, GameStop And Costco In Focus - Five Things To Know

Stock futures edge higher, treasury yields steady; Musk may use Tesla shares for margin loan - report; Carvana reportedly exploring bankruptcy options amid share price plunge; GameStop slides after seventh consecutive quarterly loss and Costco earnings in focus after slowing autumn sales.

The Street

GameStop Posts Wider Q3 Loss, Misses Street Revenue Forecasts

GameStop posted its seventh consecutive quarter loss Wednesday as video game demand continues to fade amid a broader decline in online spending.

The Street

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Layoffs precede GameStop’s latest glimpse into how its turnaround is working

GameStop is laying off workers only a few weeks before the holidays, with a team working on the company’s crypto initiatives reportedly hard hit.

Tribune News Service

Stock Market Struggles For Third Session; Farewell To GameStop Meme; PayPal Rips Higher

GameStop hasn't booked a profit since 2020 and is expected to lose even more money in next year.

Investors Business Daily

GameStop Earnings Preview: FTX Collapse, Video Game Demand In Focus As Short Sellers Stalk Retailer

With short-sellers extending bets on its demise, video game demand slumping and its recent partnership with FTX now in shreds, GameStop faces a tough road ahead.

The Street

Stocks Edge Lower, Toll Brothers, BlackRock, GameStop And Georgia Runoff Results - Five Things To Know

Stock futures lower as growth, inflation worries mount; Toll Brothers gains after solid Q4 earnings, home building outlook; BlackRock edges lower as activist investor targets CEO Larry Fink; GameStop higher ahead of Q3 earnings with costs in focus and Raphael Warnock wins Georgia senate runoff over Herschel Walker.

The Street

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GameStop just became the latest tech company to lay off workers—and it’s cut down on its crypto team

“Super sad to say I was a part of the layoffs today at GameStop,” one software engineer wrote on LinkedIn.

Fortune

GameStop Just Realized Blockchain Won't Save It

The company just started its third round of layoffs this year.

The Street

Stocks Edge Higher; Oil Prices, GameStop, Zoom And Dell In Focus - Five Things To Know

Stock futures nudge higher as dollar retreats; oil prices steady as OPEC report, demand bets unsettle markets; GameStop edges higher after reports of Carl Icahn short; Zoom slumps after cutting sales outlook in 'challenging' environment and Dell Technologies slips lower as profit outlook clouds solid Q3 earnings.

The Street

Why This Short Seller Is Doubling Down Against Cryptocurrency, Says 'US Government Should Be Embarrassed' About FTX Debacle

Activist investor and short seller Citron Research made headlines in 2021 for attacking stocks like GameStop Corporation (NYSE: GME) and other popular companies with the retail investment crowd.

Benzinga

GameStop's Cash Runs Out In A Year (And One Meme Stock Is Worse)

GameStop certainly has loyal investors. But there's one thing it needs much more: cash.

Investors Business Daily

Cryptocurrency News And Price Weekly Wrap-Up For Nov. 4, 2022

Cryptocurrency News Weekly Wrap-Up: Coinbase earnings; Binance's potential Twitter role; Elon pumps Dogecoin; Visa kicks it with Crypto.com

Investors Business Daily

GameStop's Free Fall Is A Nonstop Disaster

If you're trying to pick the worst meme stock, there's plenty to choose from. But GameStop holds a special place.

Investors Business Daily

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The Street

GameStop, AMC: Meme Stock Frenzy Is Back

Reddit traders seem to be pushing these outdated business model companies again.

Benzinga

GameStop Explodes Higher, May Regain Key Sentiment Indicator: Here's What To Watch

GameStop Corporation (NYSE: GME) surged over 24% above Friday’s closing price when the markets opened Monday before running into a group of sellers, who knocked the stock down about 15% off the daily high.

Benzinga

Looking At GameStop's Recent Unusual Options Activity

Someone with a lot of money to spend has taken a bearish stance on GameStop (NYSE:GME). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

This Is What Whales Are Betting On GameStop

A whale with a lot of money to spend has taken a noticeably bullish stance on GameStop. Looking at options history for GameStop (NYSE:GME) we detected 16 strange trades.

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Benzinga

GameStop Shares Pop Tuesday On A Tweet From Ryan Cohen, Here's Why

Activist investor Ryan Cohen is a person who can move the markets with a tweet.

Benzinga

Looking At GameStop's Recent Whale Trades

Someone with a lot of money to spend has taken a bullish stance on GameStop (NYSE:GME). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

The Conversation

From GameStop to crypto: how to protect yourself from meme stock mania

Recent rallies in stocks popularised on social media have attracted increasing numbers of investors looking to these so-called “meme stocks” for quick returns. But while it might look like a fun game, there are real risks to investing in stocks and other financial products popularised on social media. And with…

Benzinga

GameStop Surges Higher On Recognition Of This Bullish Pattern: Here's What To Watch

GameStop Corp. (NYSE: GME) was spiking up more than 8% on Tuesday, in tandem with the S&P 500, which gapped up and continued to surge about 2.8% intraday.

Chicago Sun-Times

‘Eat the Rich’: Difficulty level’s low in Netflix doc explaining the bizarre surge of GameStop stock

In easy terms anyone can understand, the three-part report details how subversive, upstart investors took on the Wall Street giants.

USA Today Sports Media Group

GameStop employees are fed up with being babysitters

Staff members vent about the common and dangerous practice where parents leave their children unattended in GameStop storesStaff members vent about the common and dangerous practice where parents leave their children unattended in GameStop stores

Benzinga

ANOTHER Meme Stock?! This One Is Up 150% In The Last Month

Meme traders are addicted to searching Reddit, Discord, and WhatsApp for undervalued, easily manipulatable stocks to squeeze. First, GameStop and AMC led the charge in 2021, opening up an entire base of new investors.

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