GameStop Outpaces Stock Market Gains: What You Should Know

Zacks2021-03-18

GameStop (GME) closed at $209.81 in the latest trading session, marking a +0.79% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.29%. Elsewhere, the Dow gained 0.58%, while ...

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VileHero
2021-03-19
VileHero
What you should know? This is nothing... It hasn't even started!

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The stock outpaced the S&P 500's daily gain of 0.29%. Elsewhere, the Dow gained 0.58%, while ...</p>\n\n<a href=\"https://www.zacks.com/stock/news/1281645/gamestop-gme-outpaces-stock-market-gains-what-you-should-know?art_rec=quote-stock_overview-zacks_news-ID01-txt-1281645\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GME","symbol_name":"游戏驿站","start_time":0,"source_url":"https://www.zacks.com/stock/news/1281645/gamestop-gme-outpaces-stock-market-gains-what-you-should-know?art_rec=quote-stock_overview-zacks_news-ID01-txt-1281645","article_id":"2120913696","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2120913696","pubTimestamp":1616037222,"sourceInfo":null,"weMediaInfo":null,"summary":"GameStop (GME) closed at $209.81 in the latest trading session, marking a +0.79% move from the prior","collect":0,"end_time":0,"defaultTopTitle":"zacks.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GME":"游戏驿站"},"translate_title":"游戏驿站(GME)跑赢股市涨幅：你应该知道的","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GME":0.9},"content_text":"GameStop (GME) closed at $209.81 in the latest trading session, marking a +0.79% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.29%. Elsewhere, the Dow gained 0.58%, while the tech-heavy Nasdaq added 0.4%.Coming into today, shares of the video game retailer had gained 320.11% in the past month. In that same time, the Retail-Wholesale sector lost 4.91%, while the S&P 500 gained 0.91%.Investors will be hoping for strength from GME as it approaches its next earnings release, which is expected to be March 23, 2021. The company is expected to report EPS of $1.46, up 14.96% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.24 billion, up 2.19% from the year-ago period.Investors should also note any recent changes to analyst estimates for GME. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. GME is currently a Zacks Rank #3 (Hold).The Retail - Consumer Electronics industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 187, which puts it in the bottom 27% of all 250+ industries.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":327545463,"gmtCreate":1616113191952,"gmtModify":1704791073239,"author":{"id":"3574939341928396","authorId":"3574939341928396","name":"VileHero","avatar":"https://static.tigerbbs.com/f5060bf09fb4a640bb43a992f62f4f10","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3574939341928396","authorIdStr":"3574939341928396"},"htmlText":"What you should know? This is nothing... It hasn't even started!&nbsp;","listText":"What you should know? This is nothing... It hasn't even started!&nbsp;","text":"What you should know? This is nothing... 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