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Fly News Breaks for March 21, 2016
GME
Mar 21, 2016 | 07:58 EDT
Baird believes GameStop's near-term choppiness could offer buying opportunities ahead of both spring and summer catalysts. The firm noted the company will formally report earnings later this week, after announcing preliminary results already, and expect the company to offer conservative guidance. Baird sees the April 14 investor day as a potential catalyst and reiterated its Outperform rating and $46 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.