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Fly News Breaks for December 10, 2015
GME, EA
Dec 10, 2015 | 06:16 EDT
Jefferies analyst Brian Pitz does not believe GameStop's (GME) holiday promotion for Star Wars Battlefront reflects underlying sales weakness for the game. The $20 off sale looks like a pre-planned promotion designed to build the largest mass-market audience possible, Pitz tells investors in a research note. He believes promotions like this have a minimal impact on revenue and gross margin and views yesterday's selloff in shares of Electronic Arts (EA) as overdone. The analyst keeps a Buy rating on the game maker with a $95 price target.
News For EA;GME From the Last 2 Days
GME
Apr 19, 2024 | 08:46 EDT
Latest data shows the largest indicative borrow rate increases among liquid option names include: Luminar Technologies (LAZR) 13.08% +3.40, Lithium Americas (LAC) 39.35% +2.00, Rumble (RUM) 33.08% +1.07, Cutera (CUTR) 65.23% +0.93, Gorilla Technology Group Inc (GRRR) 49.06% +0.53, Aquestive Therapeutics (AQST) 0.99% +0.44, Medical Properties Trust (MPW) 16.94% +0.20, Nikola (NKLA) 22.04% +0.17, SunPower (SPWR) 3.29% +0.16, and GameStop (GME) 1.74% +0.16.
EA
Apr 17, 2024 | 12:36 EDT
"Game On" is The Fly's weekly recap of the stories powering up or beating down video game stocks. NEW RELEASES: Among... To see the rest of the story go to thefly.com. See Story Here
