GRAPEVINE, Texas, June 07, 2024 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today released financial results for the first quarter ended May 4, 2024. The Company’s condensed and consolidated financial statements, including GAAP and non-GAAP results, are below. FIRST QUARTER OVERVIEW Net sales were $0.882 billion for the first quarter, compared to $1.237 billion in the prior year's first quarter.Selling, general and administrative (“SG&A") expenses were $295.1 million, or 33. ...

Key TakeawaysGameStop shares soared 47% Thursday after Keith Gill, also known as "Roaring Kitty," scheduled his first YouTube livestream in more than three years.The livestream is scheduled for Friday at noon Eastern Time and comes after weeks of online activity from Gill that sparked swings in GameStop's stock price.The move comes as Morgan Stanley’s E*Trade reportedly considers banning Keith Gill from the trading platform and regulators investigate trading activity around GameStop amid concerns about whet ...

GameStop shares surged during Thursday's session after online meme stock influencer Keith Gill, also known as "Roaring Kitty," teased a livestream event on Friday. The stock gained 47%, the largest percent increase since May 14, 2024, when it rose 60.1% and capping a rally that spans five of the past six days. Ticker Security Last Change Change % GME GAMESTOP CORP. 46.46 +14.97 +47.54% Investors will be able to tune into the "Roaring Kitty" YouTube channel on Friday at noon Eastern. This is the first time ...

The last few weeks have been quite eventful for meme stocks. Most notably, social media influencer Keith Gill, who goes by the alias Roaring Kitty, caused GameStop’s (NYSE:GME) stock to jump over 70%. How he did this is quite interesting. Those of you familiar with the Reddit community Wall Street Bets might remember the meme stock rally of 2021, where Reddit users colluded in order to make short sellers lose their positions. Gill was a key player in this rally. Recently, he posted a picture that showed him ...

Things change so quickly in the world of finance. Minutes after my recent piece on GameStop’s (NYSE:GME) rally today was published, we got an update on today’s big news. I reported that the Roaring Kitty YouTube channel, run by meme legend Keith Gill, had been updated. However, we just received news that Keith Gill is indeed scheduling a livestream for tomorrow, June 7. This announcement has led GME stock to rocket even higher, surging over 40% at the time of writing.It turns out that speculators were onto ...

GameStop shares climbed as much as 40% to $44 per share in Thursday trading after Keith Gill, the meme investor kingpin known as “Roaring Kitty,” signaled he would return for his first public live stream in nearly four years.A listing on the “Roaring Kitty” YouTube page said the live stream is scheduled for Friday at 12 pm ET. In a sign of the channel’s popularity, more than 13,000 viewers were already waiting in the video feed’s live chat as of Thursday afternoon.Gill used the platform to detail the reason ...

Just like that, the GameStop (NYSE:GME) rally is back on. Today, shares of GME stock are roaring almost 30% higher as news hits the tape that Roaring Kitty’s YouTube channel has been updated.Those following Keith Gill (aka Roaring Kitty) via his YouTube account haven’t seen much since the previous meme stock rally took GameStop on an incredible run and bought Mr. Gill a ticket to a hearing with lawmakers over the nature of his trading activity.While regulators are likely to pay even more attention this time ...

ToplineShares of video game retailer-turned-social media phenomena GameStop soared Thursday after Keith Gill, the unofficial commander of the meme stock movement, scheduled his first public appearance since he ignited the GameStop rally with his multimillion-dollar bet on the stock.Gill owns five million common shares of GameStop and even more in call options, according to ... [+] unverified posts from his DeepF*ckingValue Reddit account, a position worth well over $100 million.SOPA Images/LightRocket via G ...

ToplineShares of video game retailer-turned-social media phenomena GameStop soared Thursday after Keith Gill, the unofficial commander of the meme stock movement, scheduled his first public appearance since he ignited the GameStop rally with his multimillion-dollar bet on the stock.Gill owns five million common shares of GameStop and even more in call options, according to ... [+] unverified posts from his DeepF*ckingValue Reddit account, a position worth well over $100 million.SOPA Images/LightRocket via G ...

Shares of GameStop shot to session highs Thursday after meme stock leader Roaring Kitty scheduled a livestream on Youtube, which would be his first one in almost four years.Roaring Kitty, whose real name is Keith Gill, set the time for his live chat at noon Friday, which traders speculated would be a bullish discussion about his massive GameStop stake. The investor hosted three-hour livestreams in August 2020 explaining his investing thesis behind his favorite brick-and-mortar video game retailer.GameStop p ...