|Bid||6.53 x 2900|
|Ask||6.65 x 3000|
|Day's Range||6.39 - 6.68|
|52 Week Range||3.15 - 16.90|
|Beta (3Y Monthly)||0.45|
|PE Ratio (TTM)||N/A|
|Earnings Date||Dec 10, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.97|
Astralis is the first pure-play team to sell stock to the public in the burgeoning world of professional videogame playing.
GameStop's (GME) collectibles sales category has been profitable for the past few quarters. However, pre-owned business has been exhibiting dismal trends. This might show on third-quarter sales.
We'll track a dozen beaten-up stocks that could be subject to tax-loss selling at the end of 2019 and see whether they can stage comebacks in 2020.
GameStop (GME) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Companies with brisk online presences, particularly Amazon.com, are prompting investors to position for outsize gains in December and January. Traditional retail is becoming fodder for aggressive bets that those stocks will falter. How to play with options
GRAPEVINE, Texas, Dec. 01, 2019 -- Today only, gamers, geeks and gifters can snag unbeatable online deals during GameStop’s Cyber Monday sale at GameStop.com, beginning at 11.
GRAPEVINE, Texas, Nov. 25, 2019 -- GameStop Corp. (NYSE: GME), today announced that it will report third quarter fiscal 2019 earnings results after the market closes on.
GRAPEVINE, Texas, Nov. 22, 2019 -- GameStop today announced its 2019 official Black Friday Sale, revealing the best deals in gaming on the hottest video games, consoles,.
RF Capital released its Q3 2019 quarterly letter to investors - download a copy here. The investment management company did not have a good quarter, losing 6.98% in value. Meanwhile, the benchmark Russell 1000 Growth Index and the S&P 500 Index gained 1.49% and 1.87%, respectively. In its commentary, RF Capital had the following to say on Fiat Chrysler Automobiles NV […]
In celebration of Veterans Day, GameStop is introducing a new military discount program to salute the brave men and women who have served – or are currently serving – our country. Starting today, all active and former military personnel will receive a 10% discount off all new video game software and accessories; all pre-owned software, hardware and accessories; and all collectibles in GameStop U.S. store locations. The new military discount program will be available all year long to all military personnel with a proper ID, including a military or Veterans ID, Form DD214, or by authenticating their military status through other online verification platforms such as ID.me.
GRAPEVINE, Texas, Nov. 08, 2019 -- Get a head start on the holiday shopping season by taking advantage of GameStop’s last PowerUp Rewards PRO DAY sale of the year, beginning.
GRAPEVINE, Texas, Nov. 05, 2019 -- GameStop announced its 2019 Thanksgiving Day and Black Friday store hours nationwide to help customers get the most out of their holiday.
Stocks that were big losers in 2019 should attract heavy tax-loss selling, pushing their prices down yet more and creating some potential bargains.
Is GameStop Corp. (NYSE:GME) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise to work. […]
Tax-loss selling, which begins to be a factor in the markets every year around this time, should be particularly pronounced this year. Compared with years in which equities were in a bear market or relatively flat, an above-average number of investors today should be sitting on capital gains—and eager to sell some of their losers. To measure tax-loss selling’s impact, I analyzed a hypothetical portfolio that each month held the 10% of stocks with the worst returns over the trailing year—the ones most likely to be sold for tax-loss selling purposes.
GRAPEVINE, Texas, Oct. 23, 2019 -- The best-pre-selling game of 2019 at GameStop, Call of Duty: Modern Warfare, hits store shelves on Oct. 25th. Through a collaboration with.
Voce Capital Management disclosed on Oct. 15 that it held 1,863,557 shares of the property and casualty insurer, equal to 5.4% of Argo’s outstanding stock. Its recommendations include the removal of the five longest-serving directors, the election of independent directors to at least partially fill the vacated seats, and the creation of a special committee that “will respond to the SEC subpoena” and conduct a “comprehensive investigation, with the assistance of an outside law firm, into any misappropriation of corporate assets,” along with any other misconduct.
Most of the talk about Activision Blizzard (NASDAQ:ATVI) in recent days has revolved around the controversy created by banning one of its esports tournament players for supporting Hong Kong's anti-Beijing protesters, and Activision stock took the punishment. Source: Lauren Elisabeth / Shutterstock.com Investors didn't like the move, which forced the cancellation of an Overwatch event in New York City and had gamers calling for bans of ATVI products. Who knew video gaming could be so controversial?InvestorPlace - Stock Market News, Stock Advice & Trading TipsAs I thought about a subject for my latest article about ATVI stock, I considered some sort of angle to do with the protest, but quickly concluded that I have little appetite for discussing the pros and cons of companies standing with or against Mainland China. * 7 Reasons to Buy Canopy Growth Stock I'll leave that to the politicians and protesters. However, a news piece that came across my computer on Oct. 16 gave me inspiration. Brick and Mortar and Activision StockWhile Nintendo (OTCMKTS:NTDOY) has a flagship retail store in New York City, and recently opened a second in Tel Aviv, the majority of video game revenues today are generated online rather than in brick and mortar retail stores. Hence, why GameStop (NYSE:GME) is continually "rightsizing" its business right out of business. Another company bound for the retail scrapheap; the "retail apocalypse" alive and well. So, it would seem the last thing Activision Blizzard needs to do is open up its own retail stores, whether we're talking one or two flagships in the same vein as Nintendo, or an entire network of them. However, when I saw what Five Below (NASDAQ:FIVE) is planning for some of its stores, I couldn't help but think Activision's move into wouldn't be nearly as wasteful as some might think. Here's why… The Five Below Model and Activision StockRecently, Five Below, in partnership with Comcast (NASDAQ:CMCSA), SeventySix Capital, Elevate Capital and angel investor George Miller, gave Nerd Street Gamers $12 million in Series A funding. Nerd Street Gamers are all about esports events, whether hosting them at its own Localhost esports arenas in Denver, Philadelphia, and Huntington Beach, or helping others host them elsewhere. If Nerd Street Gamers isn't an indication esports are for real, I don't know what is. The really exciting part of the $12 million investment in the company, if you're a Five Below shareholder, is the fact it will be opening 3,000 square-foot Localhost locations within some of the discount retailer's stores. The pilot will start in 2020, and if successful, should see as many as 70 stores hosting live, in-person events. "The partnership with gaming expert Nerd Street Gamers is a unique opportunity to engage with an important and growing community of gamers in many of our locations across the country," CEO Joel Anderson said announcing the partnership. "Gaming is a trend our younger customers are actively enjoying."In terms of generating traffic for its retail locations (Five Below has a large contingent of younger customers) the move is brilliant in my opinion. How Does This Help Activision Blizzard Stock?It doesn't unless ATVI leverages the Five Below initiative to move further into esports events and content. One way to do this is to open retail locations that feature your esports content such as Overwatch and Call of Duty. In Philadelphia, Comcast is spending $50 million in partnership with Cordish Companies, a Baltimore-based real estate developer, to build Fusion Arena, a 3,500 seat venue with 2,000 square feet of LED screens, training facilities, and private rooms. Located adjacent to where the Eagles, 76ers, and Phillies play, it will be the place to be for Philadelphia gaming enthusiasts. Of course, Activision Blizzard doesn't want to step on the toes of its Overwatch League franchise owners. Comcast owns the Philadelphia Fusion and its Xfinity brand is a big sponsor of the league itself, but I'm sure it can figure out the best way to balance the interests of all its stakeholders including the gaming equipment manufacturers, etc. The reality, as Fusion Arena demonstrates, is that esports are here to stay. With close to $2 billion in annual free cash flow generated each year, Activision's got plenty of money to inject into the esports business including putting its name on a few flagship retail locations. Activision stock really could benefit from this kind of change.At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Reasons to Buy Canopy Growth Stock * 7 Restaurant Stocks to Leave on Your Plate * 4 Turnaround Plays to Buy Now The post At This Point, Going Retail Would Be a Tailwind for Activision Stock appeared first on InvestorPlace.