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The Latest Breaking News from GameStop

GameStop's High Option Premiums Are Popular with Income Investors

GameStop reported surprise profits and positive free cash flow in late March, pushing GME stock up over 40%. This has led to very high option premiums that are popular with income investors.

Barchart

Billionaire investor Charlie Munger says stock market ‘gambling’ is as addictive as ‘heroin’—but he sees no way to fix it

Berkshire Hathaway's Munger criticized investors who trade like they're "gambling" and said it causes harm like the Great Depression.

Fortune

Street Fighter 6: where to buy and Mad Gear Box Collector's edition

Street Fighter 6 has finally been released and if you missed the pre-order stage, fear not, you can still pick up the game.

Daily Mirror

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The Legend of Zelda: Tears of the Kingdom Switch has finally been unveiled

The reveal comes after plenty of rumors

GamesRadar

GameStop's Surprise Profits and Huge FCF Causes Unusual Options Activity

GameStop reported its first profit massive free cash flow in the past 2 years GME stock is up over 36% on May 22. This has led to huge unusual put option trades for near-term expiration.

Barchart

GameStop Expert Says ‘Apes’ Learned ‘So Much’ About Market, Are Helping Push For SEC Changes

The rise of shares of GameStop Corporation was one of the biggest storylines and controversial of the financial markets in 2021

Zenger

Don’t Let GameStop’s Unusual Options Activity Cloud Your Judgement

GameStop announced a small profit on Tuesday after the close. Wednesday’s stock and options volume went through the roof. GameStop has a long way to go before it’s worth owning for the long haul. Don’t let yesterday’s activity cloud your judgment.

Barchart

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Stock Market Today: Stocks Sink After Latest Fed Rate Hike

The major indexes sold off sharply Wednesday even amid signs the Fed's rate-hike campaign could be nearing an end.

Kiplinger

Michael Jordan is reportedly close to selling his NBA franchise to the hedge fund billionaire at the center of the WallStreetBets/GameStop saga

Jordan might sell the Charlotte Hornets to a consortium co-led by Gabe Plotkin, whose Melvin Capital lost big in the pandemic's meme-stock frenzy.

Fortune

Is It Game Over for This Stock In 2023?

Since the turn of the year, GameStop (GME) has shown signs of a reprise of its mind-boggling bull run of 2021. We look into the company's fundamentals to determine whether the optimism is justified. Read on….

StockNews.com

'Zelda: Tears of the Kingdom' Preorder Bonuses, Editions, Prices, and amiibo Details

'The Legend of Zelda: Tears of the Kingdom' is coming this spring. Here's how to secure your copy with as much swag as possible.

Inverse

GameStop manager fired after robbers made off with PS5 systems

GameStop fired a manager after two robbers held up a single employee and made off with $5,000 worth of PS5s, which is 10 consoles

USA Today Sports Media Group

Fire Emblem Engage voice actor couldn’t buy the game they starred in

Brandon McInnis, who voices the male lead in Fire Emblem Engage, couldn’t get the deluxe edition after GameStop failed to honor pre-orders

USA Today Sports Media Group

GameStop Spikes Higher — Is Another Trip To The Moon On The Horizon?

GameStop Corporation (NYSE: GME) surged almost 13% at one point on Wednesday after rallying 8.5%.

Zenger

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The Guardian - US

Bed Bath & Beyond sees ‘meme-stock’ surge – but is it too little, too late?

The US home retailer, once worth $17bn, looks destined to enter chapter 11 despite a market rally this week. What went wrong?

Newsroom.co.nz

Tapping opportunity in a downward market

Derivatives and shorting are a lesser-understood tool getting more shine in the current bear market.

Tribune News Service

Layoffs precede GameStop’s latest glimpse into how its turnaround is working

GameStop is laying off workers only a few weeks before the holidays, with a team working on the company’s crypto initiatives reportedly hard hit.

Fortune

GameStop just became the latest tech company to lay off workers—and it’s cut down on its crypto team

“Super sad to say I was a part of the layoffs today at GameStop,” one software engineer wrote on LinkedIn.

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Benzinga

Why This Short Seller Is Doubling Down Against Cryptocurrency, Says 'US Government Should Be Embarrassed' About FTX Debacle

Activist investor and short seller Citron Research made headlines in 2021 for attacking stocks like GameStop Corporation (NYSE: GME) and other popular companies with the retail investment crowd.

Benzinga

GameStop Explodes Higher, May Regain Key Sentiment Indicator: Here's What To Watch

GameStop Corporation (NYSE: GME) surged over 24% above Friday’s closing price when the markets opened Monday before running into a group of sellers, who knocked the stock down about 15% off the daily high.

Benzinga

Looking At GameStop's Recent Unusual Options Activity

Someone with a lot of money to spend has taken a bearish stance on GameStop (NYSE:GME). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

This Is What Whales Are Betting On GameStop

A whale with a lot of money to spend has taken a noticeably bullish stance on GameStop. Looking at options history for GameStop (NYSE:GME) we detected 16 strange trades.

Benzinga

GameStop Shares Pop Tuesday On A Tweet From Ryan Cohen, Here's Why

Activist investor Ryan Cohen is a person who can move the markets with a tweet.

Benzinga

Looking At GameStop's Recent Whale Trades

Someone with a lot of money to spend has taken a bullish stance on GameStop (NYSE:GME). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

The Conversation

From GameStop to crypto: how to protect yourself from meme stock mania

Recent rallies in stocks popularised on social media have attracted increasing numbers of investors looking to these so-called “meme stocks” for quick returns. But while it might look like a fun game, there are real risks to investing in stocks and other financial products popularised on social media. And with…

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