News

GameStop’s gross profit increased 3.4% to $252.8 million in Q1, mainly due to “a shift to higher margin product categories, specifically collectibles and preowned hardware and accessories ...
As it continues to evaluate its store footprint, GameStop’s first quarter net sales dropped about 17% year over year to $732.4 million, according to a company press release Tuesday. The retailer ...
Taking a closer look at GameStop, its bet on Bitcoin and billions in cash with Seeking Alpha analysts, its news team, and GME's Virtual Analyst Report.
Ryan Cohen, GameStop's CEO, has been vocal about the need to cut costs and revitalize the retailer. The decision to invest in Bitcoin is part of a broader strategy to adapt to changing consumer ...
This strategic shift set the stage for a bold move: an allocation to Bitcoin. As of the latest filings, GameStop holds 4,710 bitcoins, currently valued at approximately $513 million.
GameStop plans to exit even more stores this year. And instead of saving its struggling stores, the video game retailer is turning its focus to cryptocurrency trades. So far, Wall Street loves the ...
XRP jumped just hours after the company said it is dropping its SEC cross-appeal, Anthony Pompliano makes large Bitcoin buy: ...
GameStop raises $450M to expand its Bitcoin holdings, signaling a bold crypto pivot. Investors remain cautious as stock dips ...
Delve into the AMC and GameStop saga, where retail investors challenge stock manipulation with bold legal actions.
In an interview, Robinhood CEO Vlad Tenev discusses retail investor resilience amidst geopolitical tensions and market ...