GameStop Corp. Class A (GME)

94.40
1.30 1.30
NYSE
Prev Close 95.66
Day Low/High 91.50 / 97.28
52 Wk Low/High 77.58 / 344.66
Exchange NYSE
Shares Outstanding 76.34B
Market Cap 7.30B
P/E Ratio N/A
Div & Yield N.A. (N.A)

Latest News

No Place to Hide, Assessing the Beatdown, Dragon Breadth, Just Warming Up?

No Place to Hide, Assessing the Beatdown, Dragon Breadth, Just Warming Up?

We ran, we ran all night and day... right back into U.S. Treasury securities, once again flattening the curve.

Twitter and Musk, Monday Reversal, Treasuries, Energy's Hammer, Kohl's Cash-Out?

Twitter and Musk, Monday Reversal, Treasuries, Energy's Hammer, Kohl's Cash-Out?

I found two very interesting takeaways from Monday's sharp market reversal.

Notflix

* The shares of Netflix, despite its recent schmeissing, remain overpriced * Perhaps, considerably so...  Netflix's  shares have been roughly cut in half from its peak (From $700/share to $348/share), before it gets another big haircut (-$90 in prem...

Robinhood Is Lost in the Sherwood Forest

Robinhood Is Lost in the Sherwood Forest

The hard fact is that HOOD loses money and not too many folks see them turning a profit anytime soon.

Kass: It's Now Time for the Fed Hammer, as Opposed to the Fed Put

Kass: It's Now Time for the Fed Hammer, as Opposed to the Fed Put

The important bottom line is we have the fess up, in print, from a guy in the know that the Fed really does target stock prices.

It Is Now Time for the Fed Hammer, as Opposed to the Fed Put

* Former New York Fed Head Bill Dudley tells us what we already know - the Fed targets stock prices * Another Fed rant... First, the key words from Bill Dudley based on his Bloomberg opinion column and a Bloomberg interview. "It's hard to know how m...

Minding Mr. Market (Part Deux)

Going back to late last week, the expected quarter-end reallocation trade - out of stocks and into bonds - occurred and equities closed March weak.  Stocks rebounded Friday and a spirited and apparently "FOMO" based rally - concentrated in large-cap...

This Stock Has Had Good 2-Year Run -- But That May Be About to Change

This Stock Has Had Good 2-Year Run -- But That May Be About to Change

You might not immediately think of this name as a big winner over the last two years.

Premarket Movers

Here's the list of the biggest movers in the premarket: Upside: - +20% (earnings, guidance) - +17% (earnings) - +15% (earnings) - +15% (China reportedly considers to give US full access to audits of most US-listed Chinese firms in mid-2022) - +14% (...

The V-Shaped Bounce Continues

The V-Shaped Bounce Continues

A fascinating confluence of conditions has created a powerful bounce, and there's no way to know when it might end.

The Return of the Apes

They are back.   As an example, yesterday, AMC Entertainment and GameStop share prices rose by +45% and +24%, respectively -- for no apparent reason.   Typically, this is the sign of the end of a Bull Market, but there is nothing normal about today'...

How's the Market? Don't Ask the Indexes

How's the Market? Don't Ask the Indexes

Big caps like Apple and Tesla skew the picture, so let's dig deeper.

The Art of Short-Selling

The Art of Short-Selling

Short-selling is not just the reverse of going long.

Meme Me Up Scotty

"Yesterday even the "junk" rose - cannabis stocks, meme plays ( , , et. al) and lower-rated, non profitable stocks - a possible sign of a near term market peak." - Kass Diary, "Is Mr. Market Saying That Equities Will Be a Good Hedge Against Inflatio...

Is Mr. Market Saying That Equities Will Be a Good Hedge Against Inflation?

* I doubt the notion... and I am shorting into the market's recent strength * Consensus S&P profit expectations are too high * Corporate profit margins have never been higher - exposing profitability to the corrosive impact of inflation Did we reall...

4 Reasons Why the Latest Tech Rally Should Be Treated With Caution

4 Reasons Why the Latest Tech Rally Should Be Treated With Caution

Last week's tech rally had a lot in common with other recent bounces, and we still haven't seen a true washout in some assets that saw especially crazy speculative activity.

Fed Observations, Market Reaction, Defense Stocks, Trading Nvidia, Marvell, AMD

Fed Observations, Market Reaction, Defense Stocks, Trading Nvidia, Marvell, AMD

While professional money likely participated heavily on Wednesday, the percentage of these trades that were simply price insensitive, short interest covering, risk removal trades may have been substantial.

As Bed Bath & Beyond Soars, Does It Change Anything Long-Term?

As Bed Bath & Beyond Soars, Does It Change Anything Long-Term?

Ryan Cohen acquiring a 10% stake presents us with an interesting situation.

NL Industries Hikes Its Dividend Again and Weber Attracts the Bears

NL Industries Hikes Its Dividend Again and Weber Attracts the Bears

In the case of grill maker Weber, it appears bearish investors are shorting the stock.

Are AMC and GameStop Putting in a Bottom?

Are AMC and GameStop Putting in a Bottom?

Both 'meme' names are set to report early next month. Let's check where they're going.

Knightscope's Investment Armor Looks Tarnished

Knightscope's Investment Armor Looks Tarnished

Despite a noble cause of crime-fighting and security, successful public companies require viable business models.

The Bear Market Case

In late January I expressed some optimism that stocks were falling to more attractive levels. Unfortunately, a number of recent vintage and market unfriendly developments have emerged that have served to make me more pessimistic about the market's o...

Not Transitory and Why I Adjusted My Sails and Grew More Negative on February 1

"It is my view that the odds favor that the rally over the last two days of January may have been a Bear Market rally - providing a great trading opportunity but not likely the basis for a new Bull Market leg... Unfortunately I suspect January's mar...

A Bear Market Rally?

* Investors face a number of dilemmas * Rates are being raised into a slowing economy * Multiple compression, "slugflation" and heightened volatility lie ahead * The strike of the Fed put is much lower than many believe  It is my view that the odds ...

Dumb Trades I Made This Week

* A new Friday column! -  Covering my and shorts early -  Covering my short.

GameStop

GameStop is trading at $136. (I would trade a lot better if I turned off the TV.) Bad cover!

As GameStop Looks to Grow Its Model, Here's a Trading Idea

As GameStop Looks to Grow Its Model, Here's a Trading Idea

Having a hand in the crypto or NFT space seems like a no-brainer.

Housekeeping Item

I have covered my short at $145 for a profit.