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GameStop Corp. (GME)
Pre-market:
| Previous close | 39.55 |
| Open | 33.98 |
| Bid | 0.00 x 3000 |
| Ask | 29.35 x 2200 |
| Day's range | 27.59 - 35.24 |
| 52-week range | 9.95 - 64.83 |
| Volume | |
| Avg. volume | 16,593,446 |
| Market cap | 8.472B |
| Beta (5Y monthly) | -0.21 |
| PE ratio (TTM) | 1,383.50 |
| EPS (TTM) | 0.02 |
| Earnings date | 05 Jun 2024 - 10 Jun 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 14 Mar 2019 |
| 1y target est | 5.67 |
- Yahoo Finance Video
Dow hits record-high, gas prices to rise: Catalysts
On today's episode of Catalysts, co-hosts Seana Smith and Madison Mills discuss the state of the consumer and stock market gains following Wednesday's Consumer Price Index (CPI) print. The Dow Jones Industrial Average (^DJI) surpassed the 40,000 mark for the first time, while the S&P 500 (^GSPC) topped the 5,300 level amid broad-based market gains. Despite the rally, UBS Investment Bank Chief Strategist Bhanu Baweja joins the show to discuss why he believes markets may be due for "a reality check." Compounding the financial strain on consumers, the Energy Information Administration (EIA) reports that gas prices could increase by $0.10 this summer, prompting an examination of the state of the consumer. The show covers several trending tickers, including Deere & Company (DE), which lowered its full-year profit guidance, GameStop (GME), which experienced a slump amid the slowing meme trade frenzy, and Canada Goose (GOOS), which beat fourth-quarter profit expectations. This post was written by Angel Smith
- Yahoo Finance Video
Is this week's meme stock saga already over?
Meme stocks like GameStop (GME), AMC Entertainment (AMC), BlackBerry (BB), and Tupperware (TUP) are falling back down after a rally spurred by X (formerly Twitter) user "Roaring Kitty's" return to social media earlier this week. Yahoo Finance's Jared Blikre breaks down key meme stocks and analyzes how 2024's rally compares to the 2021 meme trade frenzy. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
ReutersGameStop expects first-quarter revenue to drop, shares tumble
Shares of the company fell 10% in premarket trading on Friday, as it also filed for a mixed-shelf offering of an unspecified size. The stock has been part of a retail investor trading frenzy following a series of posts from Keith Gill's X account "Roaring Kitty", whose bullish calls on GameStop were a reason for the 2021 meme-stock frenzy. Net loss in the quarter ended May 4 is expected to be between $27 million and $37 million, narrower than the $50.5 million a year ago, as GameStop benefits from cost cuts.
