GameStop stock

2022 - 4 - 1

Stocks making the biggest moves premarket: GameStop, Apple ... (CNBC)

GameStop (GME) – GameStop plans to seek shareholder approval to boost the number of shares outstanding in order to enable a stock split. The videogame retailer ...

Apple (AAPL) – J. P. Morgan Securities removed the stock from its "Analyst Focus List," saying a moderation in consumer spending may limit benefits from the iPhone SE launch and the potential for upside in services revenue. BlackBerry (BB) – BlackBerry earned an unexpected profit for its latest quarter, but the communications software company's revenue fell below analyst forecasts. Nio shares jumped 5.8% in premarket trading. The stock surged 16.6% in the premarket. AMC shares rallied 4.6%. The videogame retailer is proposing an increase to 1 billion shares from 300 million.

Meme darling: GameStop shares surge on stock split news (Aljazeera.com)

The video game retailer says it wants to increase its share count to 1 billion from 300 million.

Investors have pinned their hopes on Cohen to push the traditional retailer in a more online direction. However, a single share of Google, Tesla, or Alphabet cost between $1,000 and $3,300. A stock split would change the price-per-stock, but not the overall value of those holdings.

GameStop wants to make shares more affordable for meme stock ... (CNN)

Canadian-US actor Keanu Reeves announces the new video game "Cyberpunk 2077" at the Microsoft Xbox press event ahead of the E3 gaming convention in Los ...

GameStop's Meme Stock Is Back With A Vengeance (Kotaku)

Pixie dust and crypto dreams are once again propelling GameStop into uncharted territory.

As always, the people left out of Cohen’s machiavellian market moves and Reddit’s meme stock shiposting are the thousands of people working in the actual stores that deliver actual revenue. “All you’re doing when you buy their stock is enable their—and excuse my English—but rather shit treatment on the employees. It’s something companies often do to drive short-term hype, but in GameStop’s case it can also make it easier for random posters on Reddit and elsewhere to get in on the action. Throughout the GameStop meme stock saga, there’s always been a dispute over how much of it was driven by extremely online trolls versus large and mid-sized professional investors. It was a move valued at roughly $10 million, and a signal to other investors–and Cohen’s rabid fanbase in the meme stock community–that he has big plans and full confidence in the debilitated retailer. People have been waiting for the GameStop bubble to pop for over a year now.

GameStop (GME) Flags Stock Split, Shares Surge (Investopedia)

GameStop shares rose sharply on Thursday, March 31, after the video game retailer announced plans to split its stock.

GameStock joins a growing list of other high-profile companies that have either split their stock or have plans to do so in the near future. "We recognize that our special connection with gamers provides us a unique opportunity in the Web 3 and digital asset world," GameStop executives told investors on its latest earnings call. Lower-priced GameStop shares may also attract retail meme-stock enthusiasts.As part of its transformation to a technology-focused company, GameStop plans to open an NFT marketplace by the end of the second quarter. Investopedia does not include all offers available in the marketplace. On Monday, March 28, Tesla announced it had plans for another stock split but did not provide specific details. If approved, the stock split would increase the number of GameStop Class A common shares from 300 million to 1 billion.The video game retailer joins Google parent Alphabet, Amazon, and Tesla, which recently announced upcoming stock splits.GameStop says the stock split would "provide flexibility for future corporate needs."

GameStop is surging again on first stock split in 15 years (ABC News)

Shares of GameStop are surging after the video game retailer announced that it would attempt its first stock split in 15 years.

Investors have pinned their hopes on Cohen to push the traditional retailer in a more online direction. GameStop's announcement comes just days after electric vehicle maker Tesla announced its second stock split in less than two years. A stock split would change the price-per-stock, but not the overall value of those holdings.

Why GameStop Stock Popped This Morning (Motley Fool)

Shares of GameStop ( GME -0.95% ), the video game retailer, skyrocketed briefly this morning after the company said in a regulatory filing yesterday that it ...

Today's share price jump is the result of investors being overly excited about a potential GameStop stock split and the fact that the meme stock is often very volatile based on the whims of a small group of investors. But with the prevalence of fractional investing, it's easier than ever for investors to buy shares of nearly any publicly traded company. Investors were apparently very enthusiastic about the potential for an upcoming stock split and pushed GameStop's share price up by as much as 14% this morning and were up by 3.1% at 11:09 a.m. ET.