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The Latest Breaking News from GME

The most talked-about candidate of the 2021 meme-stock frenzy, GameStop (GME), turned profitable in the last reported quarter. Considering this could be a sign of a turnaround for the company, would it be wise to scoop up GME shares? Let’s look at some of its key financial metrics.

StockNews.com

GameStop Still Offers High Put Option Premiums, Ideal for Short-Put Income Plays

GameStop stock has been treading water since its surprise profits released in March. Nevertheless, its put option premiums have stayed high, ideal for investors who short them for income.

Barchart

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

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As GameStop Gears up for Another Short Squeeze, Focus on These Specialty Retailers Instead

With a positive earnings surprise in Q4, GameStop (GME) might be on its way to going bonkers as it did in 2021. However, given its unstable performance and uncertain prospects, fundamentally sound retail stocks ODP Corporation (ODP), TravelCenters of America (TA), and Build-A-Bear Workshop (BBW) appear to be more worthy…

StockNews.com

Tired Hearing About GME? So Are We, Try These 4 Gaming Stocks Instead

Increased demand for online games and consoles, new offerings, and emerging technologies have significantly benefitted the gaming industry participants. Therefore, it could be wise to invest in fundamentally sound gaming stocks Tencent Holdings (TCEHY), Electronic Arts (EA), Playtika (PLTK), and SciPlay Corp. (SCPL) instead of beaten down GameStop (GME). Keep…

StockNews.com

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

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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GME Stock: Is It Time to Buy or Sell?

Video game and electronics retailer GameStop (GME) reported declining revenue and huge losses in its last reported quarter, and its financial position is threatened by increasing cash burn. However, following last year’s massive losses, this meme stock recovered slightly earlier this year. Let’s find out if one should buy or…

StockNews.com

It's Past Time for These Meme Stocks to Fade Out

Since fundamentally weak, over-hyped, and over-leveraged businesses seem to be living on borrowed time in a turbulent economy, it may be wise to sell GameStop (GME), AMC Entertainment Holdings (AMC), and BlackBerry Limited (BB). Continue reading….

StockNews.com

Falkirk Gaelic school could open if there is demand from families as area seen as priority

Just five new Primary 1 pupils would be needed to open a Gaelic-medium unit in a primary school

Daily Record

5 Retail Stocks to Avoid as Shoppers Pull Back on Spending

As inflation continues to remain elevated and the Fed is unlikely to stop its rate hikes, the retail industry could remain under pressure due to dampened consumer spending. Therefore, investors could benefit from steering clear of fundamentally weak stocks Five Below (FIVE), GameStop (GME), Wayfair (W), Ollie's Bargain Outlet Holdings…

StockNews.com

3 Short Squeeze Stocks to Make Sure You Sell Before It’s Too Late

Although inflation reduced significantly from its peak, it remains far off the Fed’s target. The sequential increase in inflation and hotter-than-expected jobs report last month could compel policymakers to raise interest rates higher than previously expected until it achieves its 2% inflation target. Since it may not be easy for…

StockNews.com

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

3 Meme Stocks to Sell for Tough Times Ahead

Despite the recent rally in meme stocks due to risky bets by amateur speculators, fundamentally weak, over-hyped, and over-leveraged businesses are unlikely to survive the rising rate environment. Hence, it may be wise to sell GameStop (GME), AMC Entertainment Holdings (AMC), and Bed Bath & Beyond (BBBY). Continue reading….

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Edinburgh Live

Edinburgh education boss hits back at minister's comment over Gaelic school delay

Both the council and the Scottish Government say they have not been able to find a suitable city centre site for the Gaelic school.

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

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.

StockNews.com

2 Short Squeeze Stocks You Should Avoid

With the macroeconomic headwinds set to intensify further, the current optimism in the market is expected to fizzle out as quickly as it began. Since the stock market will likely remain under pressure in the near term, investors should still avoid so-called short-squeeze stocks, GameStop (GME) and AMC Entertainment Holdings…

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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

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.

Tribune News Service

Stellantis signs non-binding supply deal for raw materials needed for EV batteries

Jeep maker Stellantis NV on Monday announced it has signed a non-binding memorandum of understanding with a supplier for raw materials needed to build electric-vehicle batteries.

StockNews.com

3 Stocks With More Reasons to Sell Than Buy Right Now

With inflation far from Fed’s control, analysts predict the possibility of the central bank continuing its aggressive interest rate hikes. Amid the rising recession fears and continued market uncertainty, we think fundamentally weak stocks Twitter (TWTR), GameStop (GME), and Opendoor Technologies (OPEN) are best avoided now. Keep reading….

StockNews.com

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

3 Stocks to Avoid to Stay Away From the Meme Mania Hype

The meme stock mania is back again this year, with several fundamentally weak stocks gaining significantly over the past few months. Since the market is expected to remain under pressure in the upcoming months, it could be wise to stay away from fundamentally weak meme stocks Palantir Technologies (PLTR), GameStop…

Edinburgh Live

Gaelic high school sites in Edinburgh are ruled-out by the council

Edinburgh City Council said a GME secondary on a shared campus with the new Liberton High is the option with the "strongest rationale" as five other sites were ruled out.

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