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Shares of the company fell 20% Thursday following an announcement of a bond sale. GameStop is pouring money into Bitcoin, but ...
GameStop is leaning heavily to trading cards as part of its future strategy, according to CEO Ryan Cohen. The news comes as a part of larger strategy shift to buy and hold a lot of bitcoin.
GameStop Corp., the largest standalone video-game retailer in the US, will focus on growing its trading card business, Chief Executive Officer Ryan Cohen said at the company’s annual shareholder ...
GameStop (GME) CEO Ryan Cohen said at the company’s annual shareholder meeting that the video game retailer plans to focus on growing its trading card business. The business of Pokemon, Magic ...
GameStop (GME) approved a plan to purchase bitcoin (BTC-USD) with its cash holdings, following the strategy of Strategy (MSTR), which has invested billions into bitcoin. Morning Brief hosts Brad ...
In addition to the trading card focus, GameStop is also investing in cryptocurrency as it tries to find a more viable business model. Last month, the company bought about $500 million in bitcoin.
GameStop's mixed technicals and overvaluation signal a sell, despite Q4 improvements hinting at a potential turnaround. Learn more on GME stock here.
The timing of GameStop’s decision to buy bitcoin is also in focus as the cryptocurrency’s price has gained nearly 27% since November’s presidential election, though they are sharply down ...
GameStop reports second-quarter financial results Tuesday, Sept. 10. A look at the key earnings estimates and how the company has performed in recent quarters. Get our list of 10 overlooked stocks ...
GameStop generated $1.28 billion in net sales during the final quarter of its fiscal year, marking a 28.5% decline year-over-year. Its net income, however, grew to $131.1 million. Ticker ...
GameStop’s cash reserves stood at more than $4.77 billion as of Feb. 1, compared with $921.7 million a year earlier. The video game retailer posted $1.283 billion in net sales during the fourth ...
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