Items tagged with (NYSE:GME)
In a recent 10-K filing with the the Securities and Exchange Commission (SEC), games retailer GameStop said it was putting in place "initiatives to reduce headcount" as part of a "strategic plan to achieve profitability." Separately, GameStop reported $1.79 billion in fourth quarter revenue for its fiscal 2023...
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The Playstation 5 has been out for well over a year, but remains as elusive as ever. There may be an opportunity to nab one of the consoles and a few accessories for yourself soon. GameStop will release two Playstation 5 Bundles later today.
The GameStop Playstation 5 bundles will be available through GameSpot’s...
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Though we are over a month out from the end of the holiday shopping season, getting your hands on a new PlayStation 5 from store shelves or online retailers can still be tricky. However, it is thought that GameStop or Amazon could have an online PS5 drop in the coming days, and you can watch out for that her, and also...
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Towards the end of last year, GameStop came through with a few PlayStation 5 and Xbox Series X restocks, including one on Christmas Eve. Those were all in-store events. Now that we are in a brand new year, GameStop is keeping the good times rolling with yet another restock that will potentially delight buyers who are...
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GameStop is the latest company to make the dive into the world of NFTs in an attempt to turn things around. It hopes that the move will prove to investors that the company is serious about remaining relevant.
Gaming has become a huge market over the last decade, and has provided many companies with a hefty return...
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Don't blame Santa if you didn't wake up to a PlayStation 5, Xbox Series X, or Nintendo Switch OLED on Christmas Day. Even the big guy in the bright red suit and an army of elves can only do so much in the face of a shortage. There's some good news, though—more restocks are on the way, giving you more chances to score...
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The latest generation game consoles have been some of the most difficult items to find in stock this year, and that's been true of the Xbox Series X and PlayStation 5 ever since they launched last year. If it is the former you're after, however, GameStop shared some potentially great news—a whole bunch of its physical...
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I'm always disappointed when I walk into a GameStop store and see what little space is devoted to PC gaming, especially having grown up in the era of Software Etc., one of my favorite places to visit when it was still around. It seems a change is coming, however. GameStop announced it is expanding into PC hardware...
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It has been a wild few weeks on Wall Street after the so-called "degenerates" over at the WallStreetBets subreddit decided to go all-in and prop up faltering gaming retailer GameStop. The company has been down on its luck, posting $267 million in losses through the first nine months of [fiscal] 2020. However...
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A little over a week after Robinhood first began limiting trading for shares of GameStop (NYSE: GME), the company has now reversed its decision. Robinhood's initial move drew considerable backlash from the very same everyday investors that it claimed to support, and has even drawn negative attention from lawmakers and...
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If you want to see an example of a popular company throwing away years of goodwill with its customers over a short span of time, look no further than Robinhood. The company says that it's on a mission to democratize finance for its users, but its recent actions flew in the face of those claims.
Robinhood has just...
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Given the dramatic rise in share prices for so-called "meme stocks" like GameStop (NYSE: GME) and AMC Theaters (NYSE: AMC), there has been a flurry of activity from an influx of everyday traders. Spearheaded by the so-called "degenerates" from the WallStreetBets subreddit, GME has soared over 1,000 percent in value as...
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In the last week, the GameStop fiasco has expanded to several other stocks and now cryptocurrencies. The whole event is becoming something of a meme, which has angered some people higher up the chain. Some companies, such as the now-infamous Robinhood, began to lock down what stocks and cryptocurrencies investors...
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Last week was a crazy one for seemingly down and out companies that have been severely impacted by the COVID-19 pandemic. We're of course talking about GameStop, and to a lesser extent companies like AMC Theaters and BlackBerry. It's a long story, and we highly suggest that you catch-up on our previous coverage, if...
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Earlier today, we reported that Robinhood and TD Ameritrade were restricting trading for a rash of stocks including GameStop and AMC. At the time, Robinhood said that it was making the decision to help its users stay informed in its efforts to democratize access to financial institutions.
"We continuously monitor...
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Is the party coming to the end for the "little guys" that banded together to take on some of the biggest hedge funds on Wall Street? Earlier this week, we reported on the meteoric rise of GameStop shares (NYSE:GME), which has been fueled by "degenerates" -- a title that the group has coined for themselves -- over at...
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Yesterday, we reported on the subreddit /r/WallStreetBets that was effectively gaming the stock market and driving shares of GameStop stock to the moon. Today, it seems as though the crazy train just is not ending. The crowdsourced stock-mob has now driven (NYSE:GME) up approximately 129%, to around $350, at the time...
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While many gamers have been racking their brains trying to figure out what's going on with PlayStation 5 and Xbox Series X inventory, and how to get their hands on one of the consoles, a Wall Street firestorm has been brewing at GameStop. You know GameStop, the staple of [dying] malls and strip malls across America...
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Cyberpunk 2077’s launch was less than stellar by our accounts, and it left many disgruntled gamers in the wake. In an attempt to rectify the issue, many companies are now taking returns of Cyberpunk 2077, whether it is opened or not. Now, GameStop may be joining the list of companies refunding Cyberpunk 2077 in an...
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It is a tough time to be a gamer. There has been an extremely limited stock of computer parts (GPUs, CPUs) and next-gen consoles over the last several months. We even have some tips and tricks put together to help you snag a console, such as a PlayStation 5, but even that may not be enough. As GameStop continues to...
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GameStop has changed its mind on labeling itself "essential retail," and has announced that as of tomorrow, all of its stores that are still open will switch to a "delivery of the door" service. Notification of the change came from GameStop CEO George Sherman yesterday in a letter that was sent out to employees. The...
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California Governor Gavin Newsom announced a "statewide order" for nearly 40 million residents to "stay at home" amid the coronavirus pandemic, and in other states, school closings are common. Same goes for various retail businesses—many restaurants are now only offering delivery of pickup. Meanwhile, GameStop stirred...
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