Did Roaring Kitty give meme-stock traders a Christmas present? While that isn't presently clear, GameStop (GME) fans did a little shopping of their own today.
Did Roaring Kitty give meme-stock traders a Christmas present? While that isn't presently clear, GameStop (GME) fans are doing a little shopping of their own this morning.
Did Roaring Kitty give meme-stock traders a Christmas present? While that isn't presently clear, GameStop (GME) fans are doing a little shopping of their own this morning.
While GME has risen almost $4 or 15% to $30.90 since the company announced its third fiscal quarter results nearly two weeks ago, the key takeaway is the basic story hasn't changed. Revenue continues to decline and it is bleeding money.
GameStop (GME) stock price has moved sideways in the past few months as investors assess its slow business trajectory and its strong balance sheet. GME was trading at $29.8, where it has been in the past few weeks.
GameStop Corp. shares jumped following the video game retailer's third-quarter results this week, although analyst firm Wedbush thinks that a return to profitability in the company's core business is unlikely.
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