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GameStop Corp. GME and Best Buy Co., Inc. BBY stand at very different crossroads in the retail landscape. GameStop, once heavily dependent on physical video game sales, is in the midst of a deep ...
GameStop's high asset turnover ratio compared to the broader market indicates the company can still generate revenue despite cost-cutting measures. Bernard Zambonin Oct 18, 2023 6:02 AM EDT ...
GME reported a $157.9 million net loss in Q1. One year ago, the company’s Q1 loss was only $66 million. GameStop has been using $300 million in cash to support operations each quarter.
GameStop Corp. GME has experienced a significant decline over the past three months, with its shares plummeting 10.4%, underperforming the Zacks industry's rally of 28.9%. The company also trailed the ...
GME Price Action: GameStop stock is down over 14.7% to $20.03 at last check on Wednesday versus a 52-week trading range of $9.95 to $64.83. GameStop shares are up 25% year-to-date in 2024.
GameStop's Cost Reduction and Profitability Strategy In the past year, one of Matt Furlong's key strategies has focused on cost reduction and enhancing the company's operating margin.
Michael Pachter has given his Sell rating due to a combination of factors including GameStop’s lack of a clear strategy and ongoing financial struggles. Despite holding over $10 per share in ...
GameStop, like AMC Entertainment Holdings Inc. (AMC), was lifted by the meme-stock frenzy in 2021. The return of influential trader Keith Gill, also known as "Roaring Kitty," to social media last ...
GameStop’s third-quarter net sales fell 20% to $860 million, down from $1.08 billion last year, the company said Tuesday. The retailer swung from a year-ago net loss of $3.1 million to net ...
GameStop Corp. GME could provide a peek at holiday shopping demand when it reports third-quarter earnings after market close Tuesday. Earnings Estimates: Analysts expect the video game to report ...
It’s Time to Rethink Your Strategy With GameStop Stock October 08, 2021 — 01:09 pm EDT Written by Chris Tyler for InvestorPlace -> InvestorPlace - Stock Market News, Stock Advice & Trading Tips ...