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GameStop (GME) Rises Higher Than Market: Key Facts
ZACKS· 2024-07-13 06:51
GameStop (GME) closed at $26.05 in the latest trading session, marking a +1.88% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.55%. Elsewhere, the Dow saw an upswing of 0.62%, while the tech-heavy Nasdaq appreciated by 0.63%.The video game retailer's stock has dropped by 12.19% in the past month, falling short of the Consumer Discretionary sector's loss of 0.99% and the S&P 500's gain of 4.28%.Analysts and investors alike will be keeping a close eye on the perfor ...
Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Maxeon and GameStop and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2024-07-12 09:00
文章核心观点 - 两家公司Maxeon Solar Technologies和GameStop遭遇了重大负面事件,引发了投资者集体诉讼 [1][2][6] - Maxeon Solar Technologies公司因终止与SunPower的供应协议而面临严重的现金流危机,导致公司业绩大幅下滑,并被迫寻求大股东TCL Zhonghuan Renewable Energy Technology Co. Ltd.的大量流动性支持,这将导致公司股东遭受重大稀释 [3][4][5] - GameStop公司的投资者Roaring Kitty在社交媒体上发帖引发了"记忆股"炒作,他在短期内大幅获利,被指涉嫌操纵市场 [8][9][10][11][12][13][14][15][16][17][18][19][20][21] Maxeon Solar Technologies公司 - 公司依赖与SunPower的独家销售协议 [5] - 协议终止后公司无法快速拓展销售 [5] - 导致公司收入大幅下滑41% [3] - 公司陷入严重的现金流危机 [3] - 公司被迫寻求大股东TCL Zhonghuan Renewable Energy Technology Co. Ltd.的大量流动性支持,这将导致公司股东遭受重大稀释 [3] GameStop公司 - 投资者Roaring Kitty在社交媒体上发帖引发了"记忆股"炒作 [8][9][10] - Roaring Kitty在短期内大幅获利,被指涉嫌操纵市场 [11][12][13][14][15][16][17][18][19][20][21] - 麻省证券部门和美国证券交易委员会正在调查Roaring Kitty的相关活动 [16]
GameStop Stock Looks Like a Sinking Ship: Now's the Time to Jump
Investor Place· 2024-07-10 18:15
GameStop’s (NYSE:GME) stock continued its decline last week, driven by fading meme stock momentum which was initially spurred by meme trader Keith Gill. GameStop stock dropped 3% to $24.18 by Friday’s close. Gill’s bullish views on GME previously sparked significant price increases in May and June.Since early June, Roaring Kitty scaled back on GameStop after boosting his holdings to 9 million shares and hosting his first livestream since 2021. As GME’s price dropped, Gill appears to have turned his attentio ...
Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against GameStop Corp. (GME)
GlobeNewswire News Room· 2024-07-03 04:41
NEW YORK, July 02, 2024 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Eastern District of New York on behalf of all persons and entities who purchased securities of GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) between May 13, 2024 and June 13, 2024, inclusive (the “Class Period”). The Complaint alleges that Defendant Keith Patrick Gill engaged in a pump-and-dump scheme, whereby he: (i) sho ...
Sell Alert: Offload These 3 Stocks Before It's Too Late
Investor Place· 2024-07-02 23:00
While there are always dangers associated with stock market investing, one way to lessen possible losses is to select stocks likely to underperform. Here, the focus is on the core flaws of three businesses called out for having unsettling operational and financial data. These businesses consistently face falling sales, rising overhead, and failing to reach long-term profitability. For example, the first in the list continues to be unprofitable with consistent negative adjusted EBITDA and net losses despite ...
GameStop's Fatal Flaw: The Outdated Business Model That Is Killing GME Stock
Investor Place· 2024-07-02 18:35
GameStop (NYSE:GME) is a video game retailer with serious problems but some stock traders are willing to overlook the company’s issues. That’s highly risky and I would compare buying GameStop stock to gambling in a casino. And never forget, the odds are always stacked against you at a casino. Sure, it was a cute story in 2021 when the financial media pitted meme stock traders against the big, bad short sellers. The joke isn’t funny anymore, though, and it’s not so cute when retail investors lose their hard- ...
GAMESTOP CORP. (NYSE: GME) INVESTOR ALERT Investors With Large Losses in GameStop Corp. Should Contact Bernstein Liebhard LLP To Discuss Their Rights
GlobeNewswire News Room· 2024-07-02 05:13
NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the “Class”) who purchased or acquired the securities of GameStop Corp. (“GameStop” or the “Company”) (NYSE: GME) between May 13, 2024 and June 14, 2024, inclusive (the “Class Period”). For more information, submit a form at GameStop Corp. Shareholder Class Action Lawsuit, email Investor Relations Manager Peter Allocco at pallocco@bernlieb.com, o ...
GME Stock Alert: Ryan Cohen Raises GameStop Frenzy With Mobile App Tweet
Investor Place· 2024-07-02 04:53
GameStop (NASDAQ:GME) stock is in the red today despite an interesting X post from CEO Ryan Cohen regarding mobile app development. Indeed, from his personal account, Cohen tweeted out in a search for mobile app developers. “Looking for strong mobile app developers in Dallas. Email tateam@gamestop.com,” Cohen’s post reads. “Must be hands on, intense work ethic and previous experience building world class mobile apps on iOS and android. No college degree necessary.” Unfortunately, the post clearly hasn’t sat ...
GameStop Stock Slides as Keith Gill Faces 'Pump and Dump' Accusations
Investopedia· 2024-07-02 02:30
Key Takeaways GameStop shares fell in intraday trading Monday as the meme stock faces another day of volatility. Markets are reacting to news about Keith Gill, the trader known as "Roaring Kitty" who was a defining piece of the initial meme-stock craze of late 2020 and early 2021. Gill was revealed to have a 6.6% stake in online pet products retailer Chewy in an SEC filing Monday. He is also facing a class-action lawsuit over allegations of a "pump and dump" scheme with GameStop shares. Shares of GameStop ( ...
‘Roaring Kitty' sued for alleged ‘pump-and-dump' scheme with GameStop stock
New York Post· 2024-07-02 00:32
Meme stock icon “Roaring Kitty” allegedly duped his millions of internet followers with a “pump-and-dump” scheme by revealing his position in video game retailer GameStop without disclosing when he bought the options, according to a bombshell class-action lawsuit. Keith Gill, the former financial analyst for MassMutual who sparked the meme-stock frenzy in 2021 by using his internet alter-ego Roaring Kitty, was slapped with a securities fraud suit by several GameStop shareholders in Brooklyn federal court. G ...