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GameStop Tumbles 40% Amid Big Stock Sale Announcement

After recording significant gains last week, the stock of video game and electronics retailer GameStop has now plunged almost 40%. The sudden change in trajectory comes after the company released a poor quarterly report while also announcing a big stock sale. GameStop shares jumped around...

GameStop Stock Soars 28.15% After Stock Influencer’s Bet

Video game and electronics retailer GameStop saw its stock take a significant jump on Monday, rising 28.15% at one point. The company’s soaring shares were prompted by a big bet from stock influencer Keith Gill, also known as “Roaring Kitty.” Gill was in the midst...

GameStop Stock Plunges Following Slump in Revenue

Shares in GameStop plummeted by 16% in extended trading after the company announced its fourth-quarter earnings. Revenue was $1.79 billion, down from last year's $2.23 billion during the same period. Expenses fell by 21.2% to $357.1 million, largely resulting from lower labor costs as...

GameStop Shares Surge More Than 35% Ahead of the Earnings Report

Shares of video game and electronics retailer GameStop are on the rise again. The company’s stock has been surging in recent days, gaining more than 35% since the beginning of the week. GameStop is expected to release its quarterly earnings report next week. Investors are...

GameStop is Shutting Down Its Crypto Wallet

GameStop appears to be taking a step back from its strategy to focus on cryptocurrency and other digital assets. The video games retailer announced on Wednesday that it will be shutting its crypto wallet due to “regulatory uncertainty”.  GameStop has been struggling to keep its...

GameStop Has First Quarterly Profit in 2 Years, Sees Huge Stock Jump

GameStop stock is having a solid week, but this isn’t the result of some Reddit thread or internet influence. Instead, the company shared its earnings results on Tuesday that showed the first quarterly profit in two years. The video game and electronics retailer had a...