The Latest Breaking News from GME

Whales with a lot of money to spend have taken a noticeably bearish stance on GameStop.

This whale alert can help traders discover the next big trading opportunities.

Whales with a lot of money to spend have taken a noticeably bearish stance on GameStop.

Deep-pocketed investors have adopted a bearish approach towards GameStop (NYSE:GME), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in GME usually suggests something big is about…

GameStop stock is plunging Wednesday after the video-game retailer said sales declined in Q2 and that it's selling shares to raise cash.

Bill Gross said on X: "There seems to be a new meme stock every other day now. Most are pump and dump."

There were 87 unusually active put options in Wednesday trading expiring between July 19 and July 26. Three could provide aggressive investors with $1,000 in income over the next month.

After its well-received earnings report, analysts at UBS upgraded Best Buy, predicting more upside ahead for the big-box retailer.

Not surprisingly, GameStop reported terrible Q1 2024 results Friday morning before the open. GME stock was down more than 20% in premarket trading. Thursday, the company's options volume was 1.53 million, 2.8x the 30-day average. That provided lots of unusually active options.

GameStop shares were already lower Friday after an early earnings release and news of another stock offering, but fell further after Roaring Kitty's livestream.

GameStop’s (GME) preliminary first-quarter 2024 results reveal a drop in net sales and significant losses. The retailer faces challenges from reduced demand for physical games and heightened competition from e-commerce giants. Let’s find out if GME can weather the storm and sustain momentum in the gaming sector. Read more.