News
GameStop Corp. surprised investors with a quarterly profit in its second-quarter results Tuesday, but the videogame retailer still has many challenges ahead, according to analyst firm Wedbush.
Hosted on MSN7mon
GameStop has ‘virtually no chance’ of returning to profitability in its core business, says Wedbush - MSN“GameStop has just over $10 per share in cash generating an impressive 4% + of annual income, but no clear strategy to reasonably deploy capital,” wrote Wedbush analyst Michael Pachter, in a ...
GameStop is set to release its first quarter (Q1) fiscal 2025 earnings after the market closes on Tuesday, 10 June 2025. Analysts project revenue to decline approximately 14.5% year-over-year (YoY ...
“GameStop has just over $10 per share in cash generating an impressive 4% + of annual income, but no clear strategy to reasonably deploy capital,” wrote Wedbush analyst Michael Pachter, in a ...
GameStop echoes Strategy in doubling down on bitcoin, expects to close more stores in 2025 - Reuters
March 25 (Reuters) - GameStop (GME.N), opens new tab said on Tuesday that its board has unanimously approved the addition of bitcoin as a treasury reserve asset. Sign up here. Strategy said that ...
GameStop cautioned the strategy is untested and bitcoin is highly volatile. ... GameStop Approves Bitcoin Investment Strategy, Reports Strong Quarterly Profit. Faizan Farooque . Wed, Mar 26, 2025, ...
GameStop shares jumped 7% to $27.23 in after-hours trading. The decision echoes that of Strategy, ... GameStop posted a rise in fourth-quarter profit, ...
GameStop has around $10 per share in cash and shares trade for roughly two times that figure, Pachter added. "Without a hint of any strategy that would reasonably deploy capital, we do not see why ...
"GameStop has just over $10 per share in cash generating an impressive 4% + of annual income, but no clear strategy to reasonably deploy capital," wrote Wedbush analyst Michael Pachter, in a note ...
GameStop Corp. surprised investors with a quarterly profit in its second-quarter results Tuesday, but the videogame retailer still has many challenges ahead, according to analyst firm Wedbush.
GameStop Echoes Strategy in Doubling Down on Bitcoin, Expects to Close More Stores in 2025. ... It also posted a rise in fourth-quarter profit, helped by its efforts to reduce costs, ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results