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Fly News Breaks for June 5, 2019
GME
Jun 5, 2019 | 08:43 EDT
Benchmark analyst Mike Hickey reiterated his Sell rating on GameStop shares following the company's "disappointing" Q1 sales performance, reiteration of its "dismal" FY19 forecast and elimination of its quarterly cash dividend. He also reduced his price target on the stock from $9 to $5 "as business burns to the ground," telling investors that he sees the company having "little value" amid the industry's on-going transition to the digital economy.
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.