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The Latest Breaking News from GameStop

3 Retail Stocks to Cut From Your Portfolio Before Things Gets Worse

With inflation hovering near a 40-year high, the specialty retail industry is crippling. Since persistent economic headwinds make the industry’s prospects bleak, we think fundamentally-weak retail stocks GameStop Corp. (GME), Five Below (FIVE), and Wayfair (W) are best avoided now. Read on….

StockNews.com

21 years ago, a Nintendo flop changed the video games industry forever

First released in 2001, Nintendo's GameCube console was a rare miss for the venerable video game company. But it also paved the way for enormous successes in the years ahead.

Inverse

GameStop, Gods Unchained Partner On Exclusive NFTs: How You Can Get A Free NFT Trading Card Pack

Video game retailer and WallStreetBets favorite GameStop Corporation (NYSE: GME) announced an exclusive promotion with leading Web3 trading card game Gods Unchained Wednesday. Here are the details and why it’s important for GameStop.

Benzinga

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read the most diverse news in one place.

Here's every tech company conducting layoffs right now

The tech labor movement is on the rise, but the industry itself is down bad. From Tesla to HBO Max, here's a list of all the tech companies undergoing layoffs.

Input

Top Financial Stories Thursday, September 08: Amazon Slows Down Hiring, Netflix Focuses On Cost Cutting, iPhone 14 Will Be Available In Russia And More…

Reuters

Benzinga

How To Trade GameStop Stonk Before, After Q2 Earnings

GameStop Corporation (NYSE: GME) is set to print its second-quarter financial results after the market close Wednesday. The heavily beaten-down stock was trading almost 7% lower heading into the event and is down more than 50% off the Aug. 8 high of $47.99.

Benzinga

Bed Bath & Beyond shares fall 15% at opening after death of CFO named in alleged fraud scheme

The home goods firm has lost more than 70 per cent of its value so far this year

The Independent UK

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Bed Bath & Beyond CFO was implicated in insider trading and fraud scheme days before death, court docs show

Gustavo Arnal fell to his death from his Tribeca home on Friday

The Independent UK

What are meme stocks and why are they back?

Why are day traders betting on flailing companies? Who is making the money? And what’s a meme stock anyway?

Al Jazeera

Police: Gustavo Arnal, CEO of troubled Bed Bath & Beyond, jumped to death from New York apartment

NEW YORK — The chief financial officer at Bed Bath & Beyond jumped to his death from his luxury apartment in Tribeca — days after the troubled retail chain announced it would shutter 150 stores, police said Sunday.

Tribune News Service

Is GameStop Stock a Buy Following Its NFT Debut?

Specialty Retailer GameStop (GME) debuted its NFT marketplace last month. However, with its bleak bottom-line positioning, would it be wise to invest in this popular meme stock now? Read on to find out….

StockNews.com

Benzinga Before The Bell: Twitter Whistleblower Peiter Zatko To Depose Before Senate Panel, GameStop To Boost Employee Compensation To Drive Growth, California Proposes Total Ban On New Gasoline Car Sales By 2035 And Other Top Financial Stories Thursday, August 25

Reuters Stuck By Chip Shortage, Stellantis Halts Production In Sochaux Plant

Benzinga

Tesla hopes new investors go for the ride after stock split

Unlike its cars, Tesla shares are about to get less expensive

The Independent UK

How a 20-year-old student made $110mn riding the meme stock wave

Jake Freeman raised $27mn through Wyoming-based fund and bet it all on shares of Bed Bath & Beyond

Financial Times

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Benzinga

Bed Bath & Beyond Is Done. What's The Next Meme Stock? This Former Hedge Funder Has One Guess

Strong interest in “meme stocks” is happening once again of late with retail investors circling Reddit, Discord and Twitter to find which stocks have strong interest and sentiment and could see short squeezes. Here’s a look at one potential candidate.

Benzinga

Dave Portnoy: My Net Worth Is Tied To One Stock, Other Stuff Is 'All Fun And Games'

Two days after PENN Entertainment Inc. (NASDAQ: PENN) announced a full buyout of Barstool Sports, Barstool founder and CEO Dave Portnoy appeared on Fox Business to discuss the buyout and his take on meme stock trad

The Independent UK

Bed Bath & Beyond tumbles after influential investor exits

The newest meme stock on Wall Street, Bed Bath & Beyond, is tumbling even further in after-hours trading Thursday after a high-profile activist investor confirmed that’s he’s bailed out of the stock

The Guardian - UK

US student makes $110m profit trading meme stock Bed Bath & Beyond

Jake Freeman, 20, amassed large stake in ailing US homeware retailer before its share price soared

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news in one place.

100's of premium titles.
One news app.

Benzinga

Bulls and Bears Of The Week: NVIDIA, Tesla, GameStop, AMC, And Why Disney Could Run 40% Higher

Benzinga has examined the prospects for many investors' favorite stocks over the past week, here's a look at some of our top stories.

The Guardian - US

Winning bets? Meme stock frenzy of 2021 makes a return

Share prices soar for troubled retailers including Bed Bath & Beyond and AMC – but this time dueling hedge funds are playing a part

StockNews.com

1 Stock Investors Should Avoid for the Rest of 2022

Despite possessing weak fundamentals, GameStop (GME) witnessed a skyrocketing rally last year solely based on retail investors’ bets against hedge funds. However, this year, investors are getting rid of risky, fundamentally weak stocks amid heightened market volatility. Given its deteriorating financials, bleak growth prospects, elevated valuation, and low profitability, GME…

Benzinga

GameStop's NFT Marketplace To Get Top 10 NFT Project As Part Of Long-Awaited Gaming NFT Updates

Video game retailer GameStop Corp. (NYSE: GME) launched an NFT marketplace earlier this year as it looked to grow its presence in the Web3 space. The company shared an update on launching more gaming-related NFTs on its platform. Here are the details.

Tribune News Service

Meme-stock frenzy returns, baffling Wall Street’s ‘smart guys’

Retail traders who lurk in forums like Reddit’s WallStreetBets are back to betting against Wall Street pros and the Federal Reserve as rallies for meme stocks like Bed Bath & Beyond Inc. and AMC Entertainment Holdings Inc. show shades of last year’s mania.

Benzinga

AMC, GameStop Are Running Again: What's Behind The Latest Meme Stock Rally?

Meme stocks were ripping higher on Monday, led by Bed Bath & Beyond Inc (NASDAQ: BBBY), which was up another 50% on Monday morning and is now up 111.5% in the last week. Other high-flying meme stocks of 2021 are also on the move on Monday, with GameStop Corp.

Benzinga

A Look At GameStop As The Stock Regains This Bull Market Indicator

GameStop Corp. (NYSE: GME) was trading slightly higher in the premarket on Wednesday after regaining the 200-day simple moving average (SMA) on Tuesday.

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