Items tagged with GameStop
In a recent 10-K filing with the the Securities and Exchange Commission (SEC), games retailer GameStop said it was putting in place "initiatives to reduce headcount" as part of a "strategic plan to achieve profitability." Separately, GameStop reported $1.79 billion in fourth quarter revenue for its fiscal 2023...
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Nintendo seems to be sending a strong message to those who choose to leak information surrounding a yet-to-be-released title on its highly popular Switch platform. The latest example comes from a former employee of GameStop who says the gaming giant had them fired for posting on a subreddit that the game maker would...
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The Playstation 5 has been out for well over a year, but remains as elusive as ever. There may be an opportunity to nab one of the consoles and a few accessories for yourself soon. GameStop will release two Playstation 5 Bundles later today.
The GameStop Playstation 5 bundles will be available through GameSpot’s...
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Though we are over a month out from the end of the holiday shopping season, getting your hands on a new PlayStation 5 from store shelves or online retailers can still be tricky. However, it is thought that GameStop or Amazon could have an online PS5 drop in the coming days, and you can watch out for that her, and also...
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Towards the end of last year, GameStop came through with a few PlayStation 5 and Xbox Series X restocks, including one on Christmas Eve. Those were all in-store events. Now that we are in a brand new year, GameStop is keeping the good times rolling with yet another restock that will potentially delight buyers who are...
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GameStop is the latest company to make the dive into the world of NFTs in an attempt to turn things around. It hopes that the move will prove to investors that the company is serious about remaining relevant.
Gaming has become a huge market over the last decade, and has provided many companies with a hefty return...
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Time is running out to snatch up a PlayStation 5 console before the end of the year, as 2022 is breathing heavily down our necks at this point. Getting one before the calendar flips over to a new year is an arbitrary goal, though if that is what you are trying to do, hitting up your local GameStop might be your best...
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Don't blame Santa if you didn't wake up to a PlayStation 5, Xbox Series X, or Nintendo Switch OLED on Christmas Day. Even the big guy in the bright red suit and an army of elves can only do so much in the face of a shortage. There's some good news, though—more restocks are on the way, giving you more chances to score...
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The latest generation game consoles have been some of the most difficult items to find in stock this year, and that's been true of the Xbox Series X and PlayStation 5 ever since they launched last year. If it is the former you're after, however, GameStop shared some potentially great news—a whole bunch of its physical...
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Today may be the day that you finally get your hands on an elusive Xbox Series X. GameStop has confirmed that the cutting-edge console has been restocked and will soon be available for purchase. Here is everything you need to know about the GameStop Xbox Series X restock event.
The restock will occur today...
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Earlier this year, amateur investors over at the WallStreetBets subreddit drove GameStop stock to the moon, peaking around $350 in January this year from the prior $20. This led investment firms who bet against GameStop to lose quite a bit of money which subsequently had its own rippling effects. Now, one of these...
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It has been a tough slog to lay hands on the latest consoles from Microsoft and Sony. While the Xbox Series S can often be found online during "console drops" without much trouble, there's always a mad rush to obtain the more powerful Xbox Series X and PlayStation 5.
GameStop, however, is looking to take advantage of...
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I'm always disappointed when I walk into a GameStop store and see what little space is devoted to PC gaming, especially having grown up in the era of Software Etc., one of my favorite places to visit when it was still around. It seems a change is coming, however. GameStop announced it is expanding into PC hardware...
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Yesterday into today, GameStop stock soared up 163% to around $150 a share. This massive movement harkens back to the extreme GameStop stock increase we saw earlier this year, and it seems the Redditors with diamond hands at /r/WallStreetBets are at it again.
In late January, Reddit users over at /r/WallStreetBets...
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It has been a wild few weeks on Wall Street after the so-called "degenerates" over at the WallStreetBets subreddit decided to go all-in and prop up faltering gaming retailer GameStop. The company has been down on its luck, posting $267 million in losses through the first nine months of [fiscal] 2020. However...
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A little over a week after Robinhood first began limiting trading for shares of GameStop (NYSE: GME), the company has now reversed its decision. Robinhood's initial move drew considerable backlash from the very same everyday investors that it claimed to support, and has even drawn negative attention from lawmakers and...
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If you want to see an example of a popular company throwing away years of goodwill with its customers over a short span of time, look no further than Robinhood. The company says that it's on a mission to democratize finance for its users, but its recent actions flew in the face of those claims.
Robinhood has just...
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Given the dramatic rise in share prices for so-called "meme stocks" like GameStop (NYSE: GME) and AMC Theaters (NYSE: AMC), there has been a flurry of activity from an influx of everyday traders. Spearheaded by the so-called "degenerates" from the WallStreetBets subreddit, GME has soared over 1,000 percent in value as...
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In the last week, the GameStop fiasco has expanded to several other stocks and now cryptocurrencies. The whole event is becoming something of a meme, which has angered some people higher up the chain. Some companies, such as the now-infamous Robinhood, began to lock down what stocks and cryptocurrencies investors...
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Last week was a crazy one for seemingly down and out companies that have been severely impacted by the COVID-19 pandemic. We're of course talking about GameStop, and to a lesser extent companies like AMC Theaters and BlackBerry. It's a long story, and we highly suggest that you catch-up on our previous coverage, if...
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Earlier today, we reported that Robinhood and TD Ameritrade were restricting trading for a rash of stocks including GameStop and AMC. At the time, Robinhood said that it was making the decision to help its users stay informed in its efforts to democratize access to financial institutions.
"We continuously monitor...
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Is the party coming to the end for the "little guys" that banded together to take on some of the biggest hedge funds on Wall Street? Earlier this week, we reported on the meteoric rise of GameStop shares (NYSE:GME), which has been fueled by "degenerates" -- a title that the group has coined for themselves -- over at...
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