Shares of GameStop Corp. (NYSE: GME) fell 13.6% Friday after the video game retailer followed mixed fiscal-fourth-quarter 2016 results with disappointing forward guidance. GameStop's quarterly revenue fell 13.6% year over year, to …
The stock dropped into triangle support in a straight line following ... raising the odds that the downtrend will gather steam in coming weeks. GameStop shares sold off to $20 in November 2016 and tested that level twice into August 2017, …
Microsoft announced today that it is introducing a new premium membership program for Xbox One that will give players instant access to scores of digital games, and Wall Street is viewing that move as somewhat hostile toward one of the …
Microsoft announced a new subscription program that will give access to a significant portion of its back catalog, and Wall Street apparently took it as a bad omen for brick-and-mortar retailer GameStop. GameStop’s stock price dropped …
But that $60 doesn’t leave very much margin for GameStop, or any other retailer; the price a publisher is charging stores to be able to stock those big-budget games is fairly high. That means companies that sell blockbuster video games …
Over the last two weeks, short sales in GameStop’s stock have fallen by $100 million, leaving $1.1 billion in bets against the company on the table, according to S3 Partners, a financial analytics firm. Pessimism about GameStop grew after …
Short-interest positions against GameStop Corp. are taking a hit Friday. Shares of the video-game maker are up as much as 8.7% for the their best day in four months after the company reported better-than-expected first-quarter earnings and …
Another user suggested the gains were driven by reports that GameStop sold 1 million copies of "Call of Duty: Black Ops II" on Tuesday, the day the popular game debuted. It also helped that the stock appears to be relatively cheap and is …
GameStop, the video game retailer, said on Monday it had authorized a $300 million stock buyback plan and planned to spend $200 million on opening new stores and other types of expansion. The company said the buyback would bolster …
As of this writing, GameStop's stock has taken a near 7 percent hit in one day, falling to $23.12 per share. GameStop’s sales during the nine-week holiday period ending December 29, 2012 fell by 4.6 percent when compared to the same …