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Fly News Breaks for November 24, 2015
GME
Nov 24, 2015 | 07:11 EDT
SunTrust blames GameStop's weaker than expected Q3 results on "October retail sluggishness and timing issues with regard to store openings and sector demand." The firm says that the company's results rebounded in November, and notes that it did not change its full-year guidance. The firm cut its price target on the name to $50 from $60 but keeps a Buy rating on the 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.