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Benzinga
Benzinga
Business
Henry Khederian

GameStop (GME) Stock Pauses Ahead Of Earnings: What's Going On?

New,York,Ny - usa-january,22,,2011,A,Gamestop,Video,Game,Store

GameStop Corp (NYSE:GME) shares are trading flat Thursday following recent strength. Volatility was sparked over the holiday weekend when “Big Short” investor Michael Burry published 2019 emails exchanged with Keith Gill, also know as “Roaring Kitty.” Here’s what investors need to know.

What To Know: The correspondence revealed Gill's strong support for Burry's buyback thesis, reigniting retail interest. However, market focus is now pivoting from social sentiment to hard fundamentals ahead of next week’s crucial third-quarter earnings report on Dec. 9.

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