|Bid||0.00 x 800|
|Ask||0.00 x 3000|
|Day's Range||12.69 - 13.00|
|52 Week Range||12.14 - 20.31|
|Beta (3Y Monthly)||1.00|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1.52 (11.88%)|
|1y Target Est||N/A|
The fourth quarter was a rough one for most investors, as fears of a rising interest rate environment in the U.S, a trade war with China, and a more or less stagnant Europe, weighed heavily on the minds of investors. Both the S&P 500 and Russell 2000 sank as a result, with the Russell 2000, […]
The burger chain, which has five locations, will rebrand in 2019 and start to look toward opening new locations.
ameStop Corp. is “lost at sea” with a leadership that remains unjustifiably optimistic in the face of declining new and used software sales, a shift toward lower margin hardware sales, and a “Hail Mary” effort to sell the rest of the company, says Benchmark.
GameStop might be the "underdog winner" this holiday season as it picks up some share of shoppers' attention after the Toys 'R' Us bankruptcy.
The recent stock market rout has been especially unkind to video game publisher Activision (NASDAQ:ATVI). Once thought to be a good investment heading into the end of the year thanks to the holiday release of the Call of Duty: Black Ops 4 game, ATVI stock has turned out to be the exact opposite. While the S&P 500 has dropped 7% from its early October highs, ATVI stock price has tumbled more than 30% during that same stretch.
In its fiscal third quarter results late Thursday, the retailer noted that some major recently released games have underperformed the company’s expectations. In a conference call with analysts, GameStop executives mentioned “Call of Duty: Black Ops 4” from Activision Blizzard and “Fallout 76” from Bethesda Softworks as examples. This may appear to be bad news for those publishers, who are competing sharply this season with each other as well as the popular “Fortnite” from Epic Games and “Red Dead Redemption 2,” the blockbuster hit released by Take-Two Interactive last month.
Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included the FANG stocks and "tariff-proof" picks. Bearish calls included the iPhone maker and a ...
The good news is, video game retailer GameStop (NYSE:GME) topped its third-quarter estimates. The bad news is, disappointing fourth-quarter guidance sent GameStop stock careening following Thursday’s post-close report. Whatever the case, GameStop increasingly understands it may not be able to survive as-is, and as such, it continues to entertain all of its options.
Stocks rose as investors await a meeting between President Donald Trump and China’s President Xi Jinping, which will help shed light on the direction of future trade policy.
GameStop's (GME) solid performance was not enough to placate investors, who seem to be let down by management's trimmed outlook for fiscal 2018.
Investing.com - There was no redemption for GameStop Friday after it slashed fourth-quarter guidance, raising fears that the videogame retailer is fast becoming irrelevant as gamers shy away from in-store shopping in favor of digital purchases.
Credit Suisse analyst Seth Sigman maintained a Neutral rating and lowered the price target from $15 to $13. GameStop's mixed third-quarter results demonstrate continued challenges within the sector, Sigman said in a note.
The tumble extends a roller-coaster year for GameStop, which faces a decaying core business. GameStop gave shareholders cause for hope on that front: It’s not immediately looking to bring on a new permanent CEO while it pursues strategic alternatives, the company said on Thursday. Without that division, a leveraged buyout of GameStop is now more practical.
plunged by more than 12% in premarket trading on Friday, Nov. 30, after the video game retailer cut its sales outlook for the current quarter and next year despite a strong start to the holiday shopping season. GameStop stock fell to $12.91 in premarket trading on the New York Stock Exchange after ending the Thursday at $14.63. In its quarterly earnings release, GameStop reported adjusted quarterly profit of $68.3 million, or 67 cents a share, vs. $55.1 million, or 54 cents, in the comparable year-earlier period.
Here are some of the companies with shares expected to trade actively in Friday’s session. Stock movements noted by ticker reflect movements during regular trading hours; premarket trading is specified separately.
On an adjusted basis, GameStop said that its earnings came in at 67 cents per share, adjusting for items such as goodwill and asset impairments over the company’s sustained falling stock. GameStop’s third-quarter revenue tallied up to $2.08 billion, ahead of the $1.99 billion it raked in during the year-ago quarter, while also crushing the $2.03 billion that analysts were calling for, according to FactSet. GME stock was sliding about 2.5% during regular trading hours on Thursday as the company readied itself to release its latest quarterly earnings figures.
Wall Street is moving cautiously as world leaders meet to talk trade. But GE and Goldman Sachs are under pressure after analyst moves. Yahoo Finance’s Seana Smith has details from the New York Stock Exchange.