GameStop Stock Gains Ahead of Landmark Q4 Earnings Release
GameStop is set to release its highly anticipated fourth-quarter earnings report on March 26, 2023.
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BTC$62,533.00-3.27%
ETH$1,660.02-4.47%
USDT$0.9988-0.01%
USDC$0.9998+0.00%
XRP$1.10-3.16%
SOL$68.97-5.07%
TRX$0.3301-0.45%
FIGR_HELOC$1.04+0.35%
HYPE$62.57-7.36%
DOGE$0.079-5.01%
USDS$0.99960.00%
RAIN$0.0157+4.11%
LEO$9.54-0.17%
ZEC$417.90-7.62%
XLM$0.1932-6.36%
Will 'pumpamentals' continue to override fundamentals?
GameStop is set to release its highly anticipated fourth-quarter earnings report on March 26, 2023.
A new breed of strong meme stocks is here.
Former meme stock bigwigs GameStop and AMC returned to the limelight this week with abrupt gains amid increased speculative interest.
Shares of GameStop surged over 7% in premarket trading after the company named Ryan Cohen its new CEO.
WeWork's stock recorded the biggest 1-day gain on Tuesday after shares skyrocketed on substantial trading volume.
South Korea's small-cap Kosdaq index, driven by meme stocks, has become one of the world's best-performing indices.
The index has also seen a remarkable 143% rise in aggregate quarterly earnings for 23 out of its 25 members.
The MEME ETF, the first ETF designed to track the performance of meme stocks, has gained 61% this year.
GameStop aims to increase profitability by cutting costs and moving beyond video games.
Possibly boosted by the success of Avatar: The Way of Water, AMC closed Monday up nearly 23%.
BBBY is down over 19% after the retailer hinted at a potential bankruptcy amid mounting pressure.
AMC's preferred shares APE are up more than 38% in pre-open Friday after the company's massive announcement.