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GameStop expects first-quarter revenue to drop, shares tumble

Shares of the company fell 10% in premarket trading on Friday, as it also filed for a mixed-shelf offering of an unspecified size. The stock has been part of a retail investor trading frenzy following a series of posts from Keith Gill's X account "Roaring Kitty", whose bullish calls on GameStop were a reason for the 2021 meme-stock frenzy. Net loss in the quarter ended May 4 is expected to be between $27 million and $37 million, narrower than the $50.5 million a year ago, as Gam...
Keith Gill Akash Sriram Shilpi Majumdar
Source: yahoo.com

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GME Stock Forecast: Reliable stock price predictions for investors

GME stock set to hit $70 in May, reaching $64.83 on May 14th. Pikamoon surged 700% since March 2024 debut. Analysts predict $100 per GME stock. 2024 forecasts range $13.77 to $17.59. Ryan Cohens e-commerce strategy crucial. Dogecoins 2021 surge. Pikamoons growth potential emphasized. Roaring Kittys role noted.
United States Corey Worthington Etherscandeflationary Tokenomics Ryan Cohen Michael Pachter Keith Gill

GameStop Extends Rout as Results Further Weaken Meme Rally

(Bloomberg) -- GameStop Corp. shares tumbled for a third day after the company said it may sell up to 45 million shares, further demolishing the meme-fueled rally that had sent the stock soaring at the start of the week. Most Read from BloombergChina Attempts to End Property Crisis With Broad Rescue PackageWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulenceUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containment&...
Michael Msika Bloomberg Businessweek Giacomo Pierantoni Keith Gill Entertainment Holdings Inc Vanda Research
Source: yahoo.com

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