GameStop(GME)

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‘Roaring Kitty's GameStop position is in the money
Fox Business· 2024-06-10 23:55
GameStop shares fell for the second straight session Monday, down over 49%, notching the worst two-day stretch since February 3, 2001, as tracked by Dow Jones Market Data Group. Ticker Security Last Change Change % GME GAMESTOP CORP. 24.82 -3.42 -12.11% Still, "Roaring Kitty," also known as Keith Gill, is in the money with his GameStop holdings. Gill, via his Reddit handle, Superstonk/Deep F-ing Value, posted his latest account performance on Monday. FOX Business, in coordination with Dow Jones Market Data ...
Roaring Kitty, On Reddit, Posts GameStop Position Update Saying "GME YOLO update – June 10 2024", Total Value $235.459M
Benzinga· 2024-06-10 20:30
Never miss a trade again with the fastest news alerts in the world! This headline only article is a sample of real-time intelligence Benzinga Pro traders use to win in the markets everyday. Want the fastest, most accurate stock market intelligence? Want EXCLUSIVE stories originated by Benzinga reporters? Join 10,000+ serious traders in the Benzinga Pro community! ...
GameStop livestream called 'total joke' as shares continue to plummet
Proactiveinvestors NA· 2024-06-10 20:11
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
GameStop shares continue to plunge as frenzy over Roaring Kitty's return fizzles
New York Post· 2024-06-10 19:53
Shares of GameStop tumbled for a second consecutive session on Monday, extending deep losses after stock influencer Keith Gill’s return to YouTube last week failed to spark fresh investor enthusiasm for the struggling shopping mall retailer.Gill, known on YouTube as “Roaring Kitty,” held his first livestream in three years on Friday, the day GameStop unveiled its second share sale in days.A key figure behind an eye-popping rally in GameStop in 2021, Gill joked about memes and interspersed his discussion of ...
GameStop: Cash On Hand, But Questions Remain
Seeking Alpha· 2024-06-10 19:12
DanBrandenburg/E+ via Getty Images Last March, I initiated my coverage of GameStop Corp. (NYSE:GME) ahead of its Q4 2023 earnings with a buy rating, predicting the video game retailer to beat estimates. While GameStop's actual results fell below my expectations, its stock is up more than 110% since then, largely due to the resurgence of its "meme" status. Seeking Alpha On June 8th before market bell, GameStop unexpectedly reported disappointing Q1 2024 earnings highlighted by a steep 29% decline in revenues ...
GameStop (GME) Q1 Earnings Miss Estimates, Sales Decline Y/Y
ZACKS· 2024-06-10 17:45
GameStop Corp. (GME) posted first-quarter fiscal 2024 results, delivering lower-than-expected earnings per share and revenues. While the top line declined year over year, the bottom line compared favorably with the year-ago quarter’s reported figure. Higher inflationary pressures on consumer spending in the gaming industry have been resulting in lower demand and, in turn, weighing on the company’s results.Shares of this Zacks Rank #4 (Sell) company have gained 16.1% in the past year compared with the indust ...
GME Stock Whipsaws After Roaring Kitty Livestream. What to Watch Next.
Investor Place· 2024-06-10 16:59
Unsurprisingly, shares of GameStop (NYSE:GME) stock are witnessing volatile price action following Roaring Kitty’s highly anticipated livestream. During the stream, Roaring Kitty, whose real name is Keith Gill, shared his E*Trade brokerage account, revealing that he still held his GME stock and calls position that was revealed earlier this month.As of the afternoon of Friday, June 7, Gill owned $160.4 million in shares and $160.8 million in $20 calls expiring on June 21. The meme stock advocate also had $29 ...
GameStop shares slide 16% following Friday's 40% sell-off
CNBC· 2024-06-10 16:55
Keith Gill, a Reddit user credited with inspiring GameStop's rally, during a YouTube livestream arranged on a laptop at the New York Stock Exchange (NYSE) in New York, US, on Friday, June 7, 2024.Meanwhile, meme stock champion Keith Gill hosted his first livestream in a few years Friday. He revealed that he didn't have any institutional backers and the GameStop positions he had shared in screenshots were his only bets. Gill also reiterated his previous investing thesis and offered little new reasoning behin ...
These Warren Buffett stocks are crushing the S&P 500 in 2024
Finbold· 2024-06-10 13:52
Though investors of a different variety – such as Roaring Kitty of the GameStop (NYSE: GME) meme stock craze fame – have become increasingly popular in recent years, old-school investing legends have retained their prominent position among stock market aficionados. Stock picks of both the ‘The Big Short’s’ Michael Burry and for The Oracle of Omaha Warren Buffett remain closely watched by savvy traders, and looking at some of their best-performing investments in 2024, it becomes self-evident why.Due to his h ...
When GameStop Stock Spikes, Here's the 7 Meme Stocks That Follow
MarketBeat· 2024-06-10 11:02
The return of internet stock guru Roaring Kitty (Keith Gill) sparked a meme stock resurgence once again led by retail/wholesale sector stock GameStop Co. NYSE: GME. Roaring Kitty gained fame in 2021, helping spark the short squeeze on GameStop shares that blew out several hedge funds in the process. GameStop peaked in the $400s (pre-split) and started its painful descent along with the meme stocks. Newbies who stuck with shares became the latest in a long line of bagholders. History tends to repeat itself i ...