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GameStop stock fell as much as 15% during the struggling video game retailer's annual shareholder meeting on Monday as the company gave few details on its strategy going forward.Chairman and CEO ...
GameStop is cashing in after a meme stock boom sent shares flying as high as 350% this month—and it’s leaving investors holding the bag, just as the company reported disappointing quarterly ...
GameStop stock sank nearly 40% Friday in highly volatile trading as GameStop filed to sell millions of shares — and more than half a million viewers tuned in for a much anticipated YouTube ...
A GameStop store in 2014. GameStop, an American chain of brick-and-mortar video game stores, had struggled in the years leading up to the short squeeze due to competition from digital distribution services, as well as the economic effects of the COVID-19 pandemic, which reduced the number of people who shopped in-person.
GameStop fired its CEO Wednesday with no explanation and abruptly canceled its earnings call, pushing at least one Wall Street analyst to reiterate a view the video game retailer remains "doomed."
In its filing to sell up to 75 million shares of stock, GameStop noted that between Feb. 4 and June 6, the closing price of its stock has ranged between $10.01 and $48.75, and daily trading volume ...
GameStop did not disclose the price at which it sold the shares, but based on Reuters calculations, they were sold at an average price of $20.74 each. Its shares were currently trading at $21.93.
The stock is the number one trending ticker on the Yahoo Finance platform. GameStop's net profits tallied $48.2 million, a major swing from a net loss of $147.5 million a year ago.