What GameStop's (GME) Cash Position Says About the Company
With over $1 billion and virtually no debt, GameStop's cash position is one of the company's main assets for weathering adverse situations.
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With over $1 billion and virtually no debt, GameStop's cash position is one of the company's main assets for weathering adverse situations.
GameStop stock could be on the verge of new short squeezes, as the stars appear to align for the “meme mania” favorite once again.
The SEC has fined broker TradeZero over false statements regarding GameStop and other meme stocks trading halts last year. Here's what you should know.
Analysts polled by FactSet have a “sell” rating on the stock and a price target of $13.44 per share. Some analysts believe a reasonable valuation could settle in around $20 to $30 per share at best. While GameStop's new board member Ryan Cohen, the founder of online pet store Chewy, has raised hopes of a turnaround, it's still going to be an uphill battle. “It's fascinating to watch. But ultimately you can't escape gravity," said Scott Rostan, CEO of Training The Street, which teaches financial modeling and valuation to college students and MBAs. "Ultimately, the reality is going to set...
Tomar counters Pawar on agri laws, says dismaying coming from veteran leader Union Agriculture Minister Narendra Singh Tomar (ANI) . Updated: 31 Jan 2021, 09:08 PM IST PTI In a series of tweets, Pawar had on Saturday said the new agriculture laws of the Union government will adversely impact the MSP Tomar countered the tweets and said the new laws encourage additional choice channels for farmers Share Via Read Full Story Agriculture Minister Narendra Singh Tomar on Sunday expressed dismay over NCP supremo Sharad Pawar's tweets criticising the farm laws, saying they were a mix of "ignorance...