GameStop Corp is a retail company that specializes in video games, consumer electronics, and gaming merchandise. With a strong focus on enhancing the gaming experience, GameStop operates a chain of stores where customers can purchase new and pre-owned video games, consoles, accessories, and memorabilia. In addition to traditional retail, GameStop has been exploring opportunities in the digital gaming market, including online sales and digital downloads. The company's commitment to the gaming community is further exemplified through various customer engagement initiatives and loyalty programs designed to foster a strong connection with gamers. Read More
Retailers are adapting their business models as technology changes how people shop. Still, secular trends are working against their favor as e-commerce continues to take share from brick and mortars.
This puts retail stocks in a tough spot, and over the past six months, the industry has pulled back by 14%. This performance was worse than the S&P 500’s 5.8% fall.
GameStop offers up to $175 off for Nintendo Switch 2 preorders with trade-ins. Stock may rebound with strong bullish chart signals and gaming momentum.
Nintendo stock is soaring on Thursday amid outsized demand for its latest video game console. The company said it received 2.2 million applications in the lottery for its Switch 2 device in Japan, far exceeding expectations.
GameStop may be seeing a small bump in share price and investor confidence Thursday morning. Anticipation is building around the Nintendo Switch 2, for which GameStop is the last major retailer to open preorders.
Companies with more cash than debt can be financially resilient, but that doesn’t mean they’re all strong investments.
Some lack leverage because they struggle to grow or generate consistent profits, making them unattractive borrowers.
The now-bankrupt Bed Bath says Cohen and his RC Ventures bought and sold a more than 10% stake within six months, making them liable as insiders to repay "short-swing" profits or about $47.2 million.
Let’s dig into the relative performance of Sportsman's Warehouse (NASDAQ:SPWH) and its peers as we unravel the now-completed Q4 specialty retail earnings season.
GameStop Corp. (NYSE: GME) shares are trading higher Thursday. The stock is up approximately 14% over the past month. Here's a look at what's going on.
GameStop Corp. (NYSE:GME), the video game retailer turned meme stock sensation, has seen its stock price skyrocket over the past year, leaving many Wall Street giants in the dust.
Looking back on specialty retail stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including GameStop (NYSE:GME) and its peers.
