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Fly News Breaks for May 27, 2015
GME
May 27, 2015 | 08:05 EDT
Baird noted GameStop reports Q1 results on Thursday and said shares are typically volatile following earnings reports. The firm would use any pullback as a buying opportunity, as the cyclical market for console gaming is now trending toward higher-margin software. Baird reiterated its Outperform rating and $50 price target on GameStop shares.
News For GME From the Last 2 Days
GME
Apr 26, 2024 | 11:25 EDT
Bullish option flow detected in GameStop with 44,913 calls trading, 1.9x expected, and implied vol increasing over 3 points to 96.82%. 4/26 weekly 11.5 calls and May-24 12 calls are the most active options, with total volume in those strikes near 7,700 contracts. The Put/Call Ratio is 0.10. Earnings are expected on June 5th.