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Fly News Breaks for September 6, 2018
GME
Sep 6, 2018 | 17:59 EDT
Loop Capital analyst Anthony Chukumba kept his Hold rating and $14 price target on GameStop after its Q2 results, saying revenues were below his expectations and comps decline of 0.5% was worse than his expected flat print. The analyst also points to an operating margin decline of 90bps , adding that sales of software, digital, tech brands, and pre-owned merchandise all fell. Chukumba states that he was particularly concerned with continued sales weakness in new video game software and pre-owned and value products, and speculation around private equity interest may eventually become "moot".
News For 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.