GameStop’s stock jumps on surprise 3rd-quarter profit

GameStop’s stock jumps on surprise third-quarter profit
Shares of GameStop Corp. were up 8.2% in extended trading after the videogame retailer reported a surprise third-quarter profit, despite falling sales.
GameStop’s (GME) Impressive Surge: What’s Behind the Stock’s 10.68% Jump Today?
GameStop’s performance so far this year has been impressive, with the stock showing a Year-to-Date (YTD) gain of +70.90%, far outperforming the broader market. In comparison, the S&P 500 has gained +27.67% YTD, making GameStop’s rise a standout achievement in 2024.
GameStop reports third-quarter profit on spending cuts
GameStop reported a third-quarter profit on Tuesday as the videogame retailer ramps up its cost-saving efforts, including shutting stores and selling higher-margin goods.
The PS5 disc drive is back in stock, but only for GameStop Pro members
Sony’s detachable disc drive for the PlayStation 5 has been hard to come by as of late, and it’s disappointing that the $700 PS5 Pro doesn’t include one. However, GameStop is now offering a rare window for GameStop Pro members to pick one up for its original MSRP of $79.99.
GameStop Post Surprise Q3 Profit Despite Falling Sales: Stock Rises But Retail Sentiment Remains Sour
GameStop Corp. ($GME) stock rose in Wednesday’s premarket session after the video-game retailer reported mixed results for its fiscal year 2024 third quarter but retail sentiment remained downbeat. Grapevine,
GameStop piles up more cash in Q3 even as sales fall off
GameStop Corp. (NYSE:GME) edged higher in post-market trading on Tuesday after disclosing its third quarter earnings report. Revenue fell 20.4% year-over-year for the quarter that ended on November 2 to $860.
GameStop Shares Are On The Rise Wednesday: What's Going On?
GameStop Corporation (NYSE: GME) shares are trading higher Wednesday after the company released its third-quarter financial ...
GameStop’s stock is trading at a level that ignores the company’s challenges, says Wedbush
The videogame retailer’s shares jumped following the latest cryptic post from influential trader Keith Gill, aka “Roaring ...
GameStop stock jumps after cryptic post from 'Roaring Kitty' rekindles retail hype
On Thursday, about 300K GameStop options contracts had changed hands by 2:14 p.m., at about 1.5 times the usual pace.
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Why Is GameStop Corp (GME) Stock Surpassing 10.63% from Its 50-Day SMA?
On Tuesday, GameStop Corp (GME) stock saw a decline, ending the day at $26.93 which represents a decrease of $-1.00 or -3.58% from the prior close of $27.93. The stock opened at $27.88 and touched a ...
Citi forecasts robust sales for GTA VI: could it be a meaningful boost for GameStop?
Citi analyst Jason Bazinet forecasts strong sales for GTA VI upon its release in 2025. Here's why GameStop may or may not ...
GameStop Deserves To Fall More, Even After Signs Of Progress
GameStop's Q3 2024 earnings exceeded expectations, but revenue declined by 20.2%. Read why I maintain my sell rating on GME ...
GameStop Swings to a Profit Despite Revenue Dip
GameStop shares, which popped over 10% in extended trading, were up about 54% for 2024 through Tuesday's close. Most of the ...
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GameStop Turns a Profit: So What? It's Still Not Worth Investing
GameStop (NYSE: GME) shares edged higher following its Q3 release, but so what? The report included a surprise profit, but ...
Watch out below: GameStop is tipped to fall after earnings based on a historical precedent
GameStop's Q3 earnings report awaits, with analysts expecting revenue decline and a potential stock price drop due to rising ...