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Fly News Breaks for November 29, 2018
GME
Nov 29, 2018 | 21:03 EDT
Baird analyst Colin Sebastian writes that GameStop Q3 results have come in mixed, with better than expected earnings but a lowered Q4 guidance given the "weakness in pre-owned sales and underperformance from recent sales promotions." The analyst states that the low guidance reflects the company's mix shift toward lower-margin hardware from high-margin software. Sebastian also keeps his Outperform rating and $14 price target on GameStop, adding that "importantly", the company is still in "discussions regarding potential strategic alternatives, including a potential sale".
News For GME From the Last 2 Days
GME
Mar 27, 2024 | 16:24 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
GME
Mar 27, 2024 | 12:00 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here
GME
Mar 27, 2024 | 12:00 EDT
GameStop is down -13.3%, or -$2.06 to $13.44.
GME
Mar 27, 2024 | 10:00 EDT
GameStop is down -16.0%, or -$2.48 to $13.02.
GME
Mar 27, 2024 | 08:55 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly.  HIGHER - Robinhood (HOOD)... To see the rest of the story go to thefly.com. See Story Here
GME
Mar 26, 2024 | 18:39 EDT
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSnCino (NCNO) up... To see the rest of the story go to thefly.com. See Story Here
GME
Mar 26, 2024 | 13:05 EDT
Pre-earnings options volume in GameStop is 1.8x normal with calls leading puts 3:1. Implied volatility suggests the market is anticipating a move near 19.8%, or $2.99, after results are released. Median move over the past eight quarters is 10.3%.