Is GameStop Worth More Than $10 A Share? Analyst Slams 'Shameful' Earnings Call

Benzinga2021-09-10

GameStop Corp (NYSE:GME) is trading lower after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy.

GameStop failed to provide color on its financial results or its long-term plan and even refrained from taking questions, Loop Capital's Anthony Chukumba said Thursday on CNBC's "Squawk Box."

What Happened: GameStop reported a quarterly earnings loss of 76 cents per share, which came in below the estimate for a loss of 66 cents per share. The company reported quarterly revenue of $1.183 billion, which beat the estimate of $1.12 billion.

The lack of clarity on the conference call was astounding, Chukumba said: "It was shameful. It was disrespectful to their shareholders."

He was skeptical of Chewy Inc (NYSE:CHWY) founder Ryan Cohen's ability to turn the company around.

"At some point we are going to have to come to the realization that the emperor has no clothes. There's no strategy and there's no turning this business around," Chukumba said.

Co-host Andrew Ross Sorkin asked for his thoughts about the characterization of GameStop as a well-funded startup company.

Startups grow sales at an extremely fast rate and although those companies usually lose money, it's easy to see when they may become profitable, Chukumba said, adding that in terms of GameStop, those characteristics are nowhere to be found.

"To liken this to an internet startup is an insult to internet startups," he said.

Valuation: The current valuation is nonsensical, Chukumba said. GameStop's market cap was just below $15 billion at publication time.

Chukumba had a price target of $10 on the stock when he last covered it.

"I haven't covered the company for quite some time, but there's nothing to make me think that it's worth any more than [$10 per share]. For this stock to have a $15 billion valuation is the dumbest thing I've heard in quite some time," he said.

Following his comments on the widely popular stock, Sorkin smiled and told Chukumba to "stay safe."

GME Price Action: GameStop has traded as high as $483 and as low as $5.87 over a 52-week period.

The stock rose 0.2% to $199.18 on Thursday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

LUILUI
2021-09-10
LUILUI
Up
cart158
2021-09-10
cart158
Not worth
- Michaeltql:
  Agree
Hayz
2021-09-10
Hayz
It is fine, we are now in a trend of buying unprofitable companies.
- koolgal:
  ??
- Jdjejej:
  C
- ADRIANLAI:
  .
Jfm9513
2021-09-10
Jfm9513
Ok
逢場作戲又一日
2021-09-10
逢場作戲又一日
Gg
- hynne:
  i
土金水木火
2021-09-10
土金水木火
Ok
- 逢場作戲又一日:
  GG

Leave a comment

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The company reported quarterly revenue of $1.183 billion, which beat the estimate of $1.12 billion.\nThe lack of clarity on the conference call was astounding, Chukumba said:&nbsp;\"It was&nbsp;shameful. It was disrespectful to their shareholders.\"\nHe was&nbsp;skeptical&nbsp;of Chewy Inc (NYSE:CHWY) founder Ryan Cohen's ability to turn the company around.\n\"At some point we are going to have to come to the realization that the emperor has no clothes. There's no strategy and there's no turning this business around,\" Chukumba said.\nCo-host Andrew Ross Sorkin&nbsp;asked for his thoughts about the characterization&nbsp;of GameStop as a well-funded startup company.\nStartups grow sales at an extremely fast rate and although those companies usually lose money, it's easy to see when they may become profitable,&nbsp;Chukumba said, adding that in terms of GameStop, those characteristics are nowhere to be found.\n\"To liken this to an internet startup is an insult to internet startups,\" he said.\nValuation: The current valuation is nonsensical, Chukumba said.&nbsp;GameStop's market cap was just below $15 billion at publication time.\nChukumba had a price target of $10 on the stock when he last covered it.\n\"I haven't covered the company for quite some time, but there's nothing to&nbsp;make me think that it's worth any more than [$10 per share]. 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Analyst Slams 'Shameful' Earnings Call\n</h2>\n\n<h4 class=\"meta\">\n\n2021-09-10 11:03 北京时间&nbsp;&nbsp;&nbsp;Benzinga\n\n</h4>\n\n</header>\n<article>\n<div>\nGameStop Corp (NYSE:GME) is trading lower after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy.\nGameStop failed to provide color on ...\n\n<a href=\"None\">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":null,"article_id":"2166434154","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2166434154","pubTimestamp":1631243007,"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":"GameStop Corp (NYSE: GME) is trading lower after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GME":"游戏驿站","CHWY":"Chewy, Inc."},"translate_title":"游戏驿站每股价值超过10美元吗？分析师抨击“可耻”的收益呼吁","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CHWY":0.9,"GME":0.9},"content_text":"GameStop Corp (NYSE:GME) is trading lower after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy.\nGameStop failed to provide color on its financial results or its long-term plan and even refrained from taking questions, Loop Capital's Anthony Chukumba said Thursday on CNBC's \"Squawk Box.\"\nWhat Happened: GameStop reported a quarterly earnings loss of 76 cents per share, which came in below the estimate for a loss of 66 cents per share. 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For this stock to have a $15 billion valuation is the dumbest thing I've heard in quite some time,\" he said.\nFollowing his comments on the widely popular stock, Sorkin smiled and told Chukumba to \"stay safe.\"\nGME Price Action: GameStop has traded as high as $483 and as low as $5.87 over a 52-week period.\nThe stock rose 0.2% to $199.18 on Thursday.","kind":"highlight","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":883567663,"gmtCreate":1631256750952,"gmtModify":1676530510694,"author":{"id":"3581486451712984","authorId":"3581486451712984","name":"LUILUI","avatar":"https://static.tigerbbs.com/e1c3a85739c7481d19d0bf30f288109d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581486451712984","authorIdStr":"3581486451712984"},"htmlText":"Up","listText":"Up","text":"Up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/883567663","repostId":2166434154,"repostType":2,"repost":{"id":"2166434154","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1631243007,"share":"https://ttm.financial/m/news/2166434154?lang=&edition=fundamental","pubTime":"2021-09-10 11:03","market":"us","language":"en","title":"Is GameStop Worth More Than $10 A Share? Analyst Slams 'Shameful' Earnings Call","url":"https://stock-news.laohu8.com/highlight/detail?id=2166434154","media":"Benzinga","summary":"GameStop Corp (NYSE: GME) is trading lower after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy.","content":"GameStop Corp (NYSE:GME) is trading lower&nbsp;after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy.\nGameStop failed to provide color on its financial results or its long-term plan and even refrained from taking questions,&nbsp;Loop Capital's Anthony Chukumba said Thursday on CNBC's \"Squawk Box.\"\nWhat Happened:&nbsp;GameStop reported a quarterly earnings loss of 76 cents per share, which came in below the estimate for a loss of 66 cents per share. The company reported quarterly revenue of $1.183 billion, which beat the estimate of $1.12 billion.\nThe lack of clarity on the conference call was astounding, Chukumba said:&nbsp;\"It was&nbsp;shameful. It was disrespectful to their shareholders.\"\nHe was&nbsp;skeptical&nbsp;of Chewy Inc (NYSE:CHWY) founder Ryan Cohen's ability to turn the company around.\n\"At some point we are going to have to come to the realization that the emperor has no clothes. There's no strategy and there's no turning this business around,\" Chukumba said.\nCo-host Andrew Ross Sorkin&nbsp;asked for his thoughts about the characterization&nbsp;of GameStop as a well-funded startup company.\nStartups grow sales at an extremely fast rate and although those companies usually lose money, it's easy to see when they may become profitable,&nbsp;Chukumba said, adding that in terms of GameStop, those characteristics are nowhere to be found.\n\"To liken this to an internet startup is an insult to internet startups,\" he said.\nValuation: The current valuation is nonsensical, Chukumba said.&nbsp;GameStop's market cap was just below $15 billion at publication time.\nChukumba had a price target of $10 on the stock when he last covered it.\n\"I haven't covered the company for quite some time, but there's nothing to&nbsp;make me think that it's worth any more than [$10 per share]. For this stock to have a $15 billion valuation is the dumbest thing I've heard in quite some time,\" he said.\nFollowing his comments on the&nbsp;widely popular stock, Sorkin smiled and told Chukumba to \"stay safe.\"\nGME Price Action: GameStop has traded&nbsp;as high as $483 and as low as $5.87 over a 52-week period.\nThe stock rose 0.2% to $199.18&nbsp;on&nbsp;Thursday.","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is GameStop Worth More Than $10 A Share? 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Analyst Slams 'Shameful' Earnings Call\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nBenzinga \n2021-09-10 11:03\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\nGameStop Corp (NYSE:GME) is trading lower&nbsp;after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy.\nGameStop failed to provide color on its financial results or its long-term plan and even refrained from taking questions,&nbsp;Loop Capital's Anthony Chukumba said Thursday on CNBC's \"Squawk Box.\"\nWhat Happened:&nbsp;GameStop reported a quarterly earnings loss of 76 cents per share, which came in below the estimate for a loss of 66 cents per share. The company reported quarterly revenue of $1.183 billion, which beat the estimate of $1.12 billion.\nThe lack of clarity on the conference call was astounding, Chukumba said:&nbsp;\"It was&nbsp;shameful. It was disrespectful to their shareholders.\"\nHe was&nbsp;skeptical&nbsp;of Chewy Inc (NYSE:CHWY) founder Ryan Cohen's ability to turn the company around.\n\"At some point we are going to have to come to the realization that the emperor has no clothes. There's no strategy and there's no turning this business around,\" Chukumba said.\nCo-host Andrew Ross Sorkin&nbsp;asked for his thoughts about the characterization&nbsp;of GameStop as a well-funded startup company.\nStartups grow sales at an extremely fast rate and although those companies usually lose money, it's easy to see when they may become profitable,&nbsp;Chukumba said, adding that in terms of GameStop, those characteristics are nowhere to be found.\n\"To liken this to an internet startup is an insult to internet startups,\" he said.\nValuation: The current valuation is nonsensical, Chukumba said.&nbsp;GameStop's market cap was just below $15 billion at publication time.\nChukumba had a price target of $10 on the stock when he last covered it.\n\"I haven't covered the company for quite some time, but there's nothing to&nbsp;make me think that it's worth any more than [$10 per share]. For this stock to have a $15 billion valuation is the dumbest thing I've heard in quite some time,\" he said.\nFollowing his comments on the&nbsp;widely popular stock, Sorkin smiled and told Chukumba to \"stay safe.\"\nGME Price Action: GameStop has traded&nbsp;as high as $483 and as low as $5.87 over a 52-week period.\nThe stock rose 0.2% to $199.18&nbsp;on&nbsp;Thursday.\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CHWY":"Chewy, Inc.","GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166434154","content_text":"GameStop Corp (NYSE:GME) is trading lower after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy.\nGameStop failed to provide color on its financial results or its long-term plan and even refrained from taking questions, Loop Capital's Anthony Chukumba said Thursday on CNBC's \"Squawk Box.\"\nWhat Happened: GameStop reported a quarterly earnings loss of 76 cents per share, which came in below the estimate for a loss of 66 cents per share. The company reported quarterly revenue of $1.183 billion, which beat the estimate of $1.12 billion.\nThe lack of clarity on the conference call was astounding, Chukumba said: \"It was shameful. It was disrespectful to their shareholders.\"\nHe was skeptical of Chewy Inc (NYSE:CHWY) founder Ryan Cohen's ability to turn the company around.\n\"At some point we are going to have to come to the realization that the emperor has no clothes. There's no strategy and there's no turning this business around,\" Chukumba said.\nCo-host Andrew Ross Sorkin asked for his thoughts about the characterization of GameStop as a well-funded startup company.\nStartups grow sales at an extremely fast rate and although those companies usually lose money, it's easy to see when they may become profitable, Chukumba said, adding that in terms of GameStop, those characteristics are nowhere to be found.\n\"To liken this to an internet startup is an insult to internet startups,\" he said.\nValuation: The current valuation is nonsensical, Chukumba said. GameStop's market cap was just below $15 billion at publication time.\nChukumba had a price target of $10 on the stock when he last covered it.\n\"I haven't covered the company for quite some time, but there's nothing to make me think that it's worth any more than [$10 per share]. For this stock to have a $15 billion valuation is the dumbest thing I've heard in quite some time,\" he said.\nFollowing his comments on the widely popular stock, Sorkin smiled and told Chukumba to \"stay safe.\"\nGME Price Action: GameStop has traded as high as $483 and as low as $5.87 over a 52-week period.\nThe stock rose 0.2% to $199.18 on Thursday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":883269386,"gmtCreate":1631244807245,"gmtModify":1676530507541,"author":{"id":"3556954148323654","authorId":"3556954148323654","name":"cart158","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":1,"idStr":"3556954148323654","authorIdStr":"3556954148323654"},"htmlText":"Not worth","listText":"Not worth","text":"Not worth","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/883269386","repostId":2166434154,"repostType":4,"repost":{"id":"2166434154","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1631243007,"share":"https://ttm.financial/m/news/2166434154?lang=&edition=fundamental","pubTime":"2021-09-10 11:03","market":"us","language":"en","title":"Is GameStop Worth More Than $10 A Share? Analyst Slams 'Shameful' Earnings Call","url":"https://stock-news.laohu8.com/highlight/detail?id=2166434154","media":"Benzinga","summary":"GameStop Corp (NYSE: GME) is trading lower after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy.","content":"GameStop Corp (NYSE:GME) is trading lower&nbsp;after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy.\nGameStop failed to provide color on its financial results or its long-term plan and even refrained from taking questions,&nbsp;Loop Capital's Anthony Chukumba said Thursday on CNBC's \"Squawk Box.\"\nWhat Happened:&nbsp;GameStop reported a quarterly earnings loss of 76 cents per share, which came in below the estimate for a loss of 66 cents per share. The company reported quarterly revenue of $1.183 billion, which beat the estimate of $1.12 billion.\nThe lack of clarity on the conference call was astounding, Chukumba said:&nbsp;\"It was&nbsp;shameful. It was disrespectful to their shareholders.\"\nHe was&nbsp;skeptical&nbsp;of Chewy Inc (NYSE:CHWY) founder Ryan Cohen's ability to turn the company around.\n\"At some point we are going to have to come to the realization that the emperor has no clothes. There's no strategy and there's no turning this business around,\" Chukumba said.\nCo-host Andrew Ross Sorkin&nbsp;asked for his thoughts about the characterization&nbsp;of GameStop as a well-funded startup company.\nStartups grow sales at an extremely fast rate and although those companies usually lose money, it's easy to see when they may become profitable,&nbsp;Chukumba said, adding that in terms of GameStop, those characteristics are nowhere to be found.\n\"To liken this to an internet startup is an insult to internet startups,\" he said.\nValuation: The current valuation is nonsensical, Chukumba said.&nbsp;GameStop's market cap was just below $15 billion at publication time.\nChukumba had a price target of $10 on the stock when he last covered it.\n\"I haven't covered the company for quite some time, but there's nothing to&nbsp;make me think that it's worth any more than [$10 per share]. For this stock to have a $15 billion valuation is the dumbest thing I've heard in quite some time,\" he said.\nFollowing his comments on the&nbsp;widely popular stock, Sorkin smiled and told Chukumba to \"stay safe.\"\nGME Price Action: GameStop has traded&nbsp;as high as $483 and as low as $5.87 over a 52-week period.\nThe stock rose 0.2% to $199.18&nbsp;on&nbsp;Thursday.","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is GameStop Worth More Than $10 A Share? Analyst Slams 'Shameful' Earnings Call</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs GameStop Worth More Than $10 A Share? Analyst Slams 'Shameful' Earnings Call\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nBenzinga \n2021-09-10 11:03\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\nGameStop Corp (NYSE:GME) is trading lower&nbsp;after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy.\nGameStop failed to provide color on its financial results or its long-term plan and even refrained from taking questions,&nbsp;Loop Capital's Anthony Chukumba said Thursday on CNBC's \"Squawk Box.\"\nWhat Happened:&nbsp;GameStop reported a quarterly earnings loss of 76 cents per share, which came in below the estimate for a loss of 66 cents per share. The company reported quarterly revenue of $1.183 billion, which beat the estimate of $1.12 billion.\nThe lack of clarity on the conference call was astounding, Chukumba said:&nbsp;\"It was&nbsp;shameful. It was disrespectful to their shareholders.\"\nHe was&nbsp;skeptical&nbsp;of Chewy Inc (NYSE:CHWY) founder Ryan Cohen's ability to turn the company around.\n\"At some point we are going to have to come to the realization that the emperor has no clothes. There's no strategy and there's no turning this business around,\" Chukumba said.\nCo-host Andrew Ross Sorkin&nbsp;asked for his thoughts about the characterization&nbsp;of GameStop as a well-funded startup company.\nStartups grow sales at an extremely fast rate and although those companies usually lose money, it's easy to see when they may become profitable,&nbsp;Chukumba said, adding that in terms of GameStop, those characteristics are nowhere to be found.\n\"To liken this to an internet startup is an insult to internet startups,\" he said.\nValuation: The current valuation is nonsensical, Chukumba said.&nbsp;GameStop's market cap was just below $15 billion at publication time.\nChukumba had a price target of $10 on the stock when he last covered it.\n\"I haven't covered the company for quite some time, but there's nothing to&nbsp;make me think that it's worth any more than [$10 per share]. For this stock to have a $15 billion valuation is the dumbest thing I've heard in quite some time,\" he said.\nFollowing his comments on the&nbsp;widely popular stock, Sorkin smiled and told Chukumba to \"stay safe.\"\nGME Price Action: GameStop has traded&nbsp;as high as $483 and as low as $5.87 over a 52-week period.\nThe stock rose 0.2% to $199.18&nbsp;on&nbsp;Thursday.\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CHWY":"Chewy, Inc.","GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166434154","content_text":"GameStop Corp (NYSE:GME) is trading lower after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy.\nGameStop failed to provide color on its financial results or its long-term plan and even refrained from taking questions, Loop Capital's Anthony Chukumba said Thursday on CNBC's \"Squawk Box.\"\nWhat Happened: GameStop reported a quarterly earnings loss of 76 cents per share, which came in below the estimate for a loss of 66 cents per share. The company reported quarterly revenue of $1.183 billion, which beat the estimate of $1.12 billion.\nThe lack of clarity on the conference call was astounding, Chukumba said: \"It was shameful. It was disrespectful to their shareholders.\"\nHe was skeptical of Chewy Inc (NYSE:CHWY) founder Ryan Cohen's ability to turn the company around.\n\"At some point we are going to have to come to the realization that the emperor has no clothes. There's no strategy and there's no turning this business around,\" Chukumba said.\nCo-host Andrew Ross Sorkin asked for his thoughts about the characterization of GameStop as a well-funded startup company.\nStartups grow sales at an extremely fast rate and although those companies usually lose money, it's easy to see when they may become profitable, Chukumba said, adding that in terms of GameStop, those characteristics are nowhere to be found.\n\"To liken this to an internet startup is an insult to internet startups,\" he said.\nValuation: The current valuation is nonsensical, Chukumba said. GameStop's market cap was just below $15 billion at publication time.\nChukumba had a price target of $10 on the stock when he last covered it.\n\"I haven't covered the company for quite some time, but there's nothing to make me think that it's worth any more than [$10 per share]. For this stock to have a $15 billion valuation is the dumbest thing I've heard in quite some time,\" he said.\nFollowing his comments on the widely popular stock, Sorkin smiled and told Chukumba to \"stay safe.\"\nGME Price Action: GameStop has traded as high as $483 and as low as $5.87 over a 52-week period.\nThe stock rose 0.2% to $199.18 on Thursday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5815466,"gmtCreate":1631246454238,"gmtModify":1663233657054,"authorId":3581511363085578,"author":{"id":3581511363085578,"idStr":"3581511363085578","authorId":3581511363085578,"name":"Michaeltql","avatar":"https://static.tigerbbs.com/5702cc9f095edfd93423e103aff18cfe","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":883269386,"type":1,"supId":0,"prevId":0,"content":"Agree","text":"Agree","html":"Agree"}],"langContent":"EN"},{"id":883283742,"gmtCreate":1631243986886,"gmtModify":1676530507365,"author":{"id":"3576709204489965","authorId":"3576709204489965","name":"Hayz","avatar":"https://static.tigerbbs.com/d87598e3b13004920f673918b320782e","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3576709204489965","authorIdStr":"3576709204489965"},"htmlText":"It is fine, we are now in a trend of buying unprofitable companies.","listText":"It is fine, we are now in a trend of buying unprofitable companies.","text":"It is fine, we are now in a trend of buying unprofitable companies.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/883283742","repostId":2166434154,"repostType":4,"repost":{"id":"2166434154","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1631243007,"share":"https://ttm.financial/m/news/2166434154?lang=&edition=fundamental","pubTime":"2021-09-10 11:03","market":"us","language":"en","title":"Is GameStop Worth More Than $10 A Share? Analyst Slams 'Shameful' Earnings Call","url":"https://stock-news.laohu8.com/highlight/detail?id=2166434154","media":"Benzinga","summary":"GameStop Corp (NYSE: GME) is trading lower after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy.","content":"GameStop Corp (NYSE:GME) is trading lower&nbsp;after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy.\nGameStop failed to provide color on its financial results or its long-term plan and even refrained from taking questions,&nbsp;Loop Capital's Anthony Chukumba said Thursday on CNBC's \"Squawk Box.\"\nWhat Happened:&nbsp;GameStop reported a quarterly earnings loss of 76 cents per share, which came in below the estimate for a loss of 66 cents per share. The company reported quarterly revenue of $1.183 billion, which beat the estimate of $1.12 billion.\nThe lack of clarity on the conference call was astounding, Chukumba said:&nbsp;\"It was&nbsp;shameful. It was disrespectful to their shareholders.\"\nHe was&nbsp;skeptical&nbsp;of Chewy Inc (NYSE:CHWY) founder Ryan Cohen's ability to turn the company around.\n\"At some point we are going to have to come to the realization that the emperor has no clothes. There's no strategy and there's no turning this business around,\" Chukumba said.\nCo-host Andrew Ross Sorkin&nbsp;asked for his thoughts about the characterization&nbsp;of GameStop as a well-funded startup company.\nStartups grow sales at an extremely fast rate and although those companies usually lose money, it's easy to see when they may become profitable,&nbsp;Chukumba said, adding that in terms of GameStop, those characteristics are nowhere to be found.\n\"To liken this to an internet startup is an insult to internet startups,\" he said.\nValuation: The current valuation is nonsensical, Chukumba said.&nbsp;GameStop's market cap was just below $15 billion at publication time.\nChukumba had a price target of $10 on the stock when he last covered it.\n\"I haven't covered the company for quite some time, but there's nothing to&nbsp;make me think that it's worth any more than [$10 per share]. For this stock to have a $15 billion valuation is the dumbest thing I've heard in quite some time,\" he said.\nFollowing his comments on the&nbsp;widely popular stock, Sorkin smiled and told Chukumba to \"stay safe.\"\nGME Price Action: GameStop has traded&nbsp;as high as $483 and as low as $5.87 over a 52-week period.\nThe stock rose 0.2% to $199.18&nbsp;on&nbsp;Thursday.","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is GameStop Worth More Than $10 A Share? Analyst Slams 'Shameful' Earnings Call</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs GameStop Worth More Than $10 A Share? Analyst Slams 'Shameful' Earnings Call\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nBenzinga \n2021-09-10 11:03\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\nGameStop Corp (NYSE:GME) is trading lower&nbsp;after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy.\nGameStop failed to provide color on its financial results or its long-term plan and even refrained from taking questions,&nbsp;Loop Capital's Anthony Chukumba said Thursday on CNBC's \"Squawk Box.\"\nWhat Happened:&nbsp;GameStop reported a quarterly earnings loss of 76 cents per share, which came in below the estimate for a loss of 66 cents per share. The company reported quarterly revenue of $1.183 billion, which beat the estimate of $1.12 billion.\nThe lack of clarity on the conference call was astounding, Chukumba said:&nbsp;\"It was&nbsp;shameful. It was disrespectful to their shareholders.\"\nHe was&nbsp;skeptical&nbsp;of Chewy Inc (NYSE:CHWY) founder Ryan Cohen's ability to turn the company around.\n\"At some point we are going to have to come to the realization that the emperor has no clothes. There's no strategy and there's no turning this business around,\" Chukumba said.\nCo-host Andrew Ross Sorkin&nbsp;asked for his thoughts about the characterization&nbsp;of GameStop as a well-funded startup company.\nStartups grow sales at an extremely fast rate and although those companies usually lose money, it's easy to see when they may become profitable,&nbsp;Chukumba said, adding that in terms of GameStop, those characteristics are nowhere to be found.\n\"To liken this to an internet startup is an insult to internet startups,\" he said.\nValuation: The current valuation is nonsensical, Chukumba said.&nbsp;GameStop's market cap was just below $15 billion at publication time.\nChukumba had a price target of $10 on the stock when he last covered it.\n\"I haven't covered the company for quite some time, but there's nothing to&nbsp;make me think that it's worth any more than [$10 per share]. For this stock to have a $15 billion valuation is the dumbest thing I've heard in quite some time,\" he said.\nFollowing his comments on the&nbsp;widely popular stock, Sorkin smiled and told Chukumba to \"stay safe.\"\nGME Price Action: GameStop has traded&nbsp;as high as $483 and as low as $5.87 over a 52-week period.\nThe stock rose 0.2% to $199.18&nbsp;on&nbsp;Thursday.\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CHWY":"Chewy, Inc.","GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166434154","content_text":"GameStop Corp (NYSE:GME) is trading lower after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy.\nGameStop failed to provide color on its financial results or its long-term plan and even refrained from taking questions, Loop Capital's Anthony Chukumba said Thursday on CNBC's \"Squawk Box.\"\nWhat Happened: GameStop reported a quarterly earnings loss of 76 cents per share, which came in below the estimate for a loss of 66 cents per share. The company reported quarterly revenue of $1.183 billion, which beat the estimate of $1.12 billion.\nThe lack of clarity on the conference call was astounding, Chukumba said: \"It was shameful. It was disrespectful to their shareholders.\"\nHe was skeptical of Chewy Inc (NYSE:CHWY) founder Ryan Cohen's ability to turn the company around.\n\"At some point we are going to have to come to the realization that the emperor has no clothes. There's no strategy and there's no turning this business around,\" Chukumba said.\nCo-host Andrew Ross Sorkin asked for his thoughts about the characterization of GameStop as a well-funded startup company.\nStartups grow sales at an extremely fast rate and although those companies usually lose money, it's easy to see when they may become profitable, Chukumba said, adding that in terms of GameStop, those characteristics are nowhere to be found.\n\"To liken this to an internet startup is an insult to internet startups,\" he said.\nValuation: The current valuation is nonsensical, Chukumba said. GameStop's market cap was just below $15 billion at publication time.\nChukumba had a price target of $10 on the stock when he last covered it.\n\"I haven't covered the company for quite some time, but there's nothing to make me think that it's worth any more than [$10 per share]. For this stock to have a $15 billion valuation is the dumbest thing I've heard in quite some time,\" he said.\nFollowing his comments on the widely popular stock, Sorkin smiled and told Chukumba to \"stay safe.\"\nGME Price Action: GameStop has traded as high as $483 and as low as $5.87 over a 52-week period.\nThe stock rose 0.2% to $199.18 on Thursday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5849630,"gmtCreate":1631506922407,"gmtModify":1663233802452,"authorId":3559581955535845,"author":{"id":3559581955535845,"idStr":"3559581955535845","authorId":3559581955535845,"name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"currentWearingBadge":{"badgeId":"c4ee29b388ff41cc8462b3b7ea00d1e2-1","templateUuid":"c4ee29b388ff41cc8462b3b7ea00d1e2","name":"Monthly Top Contributor","description":"Top 3 Contributors with the most and best Editor's Picks every 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Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1631243007,"share":"https://ttm.financial/m/news/2166434154?lang=&edition=fundamental","pubTime":"2021-09-10 11:03","market":"us","language":"en","title":"Is GameStop Worth More Than $10 A Share? Analyst Slams 'Shameful' Earnings Call","url":"https://stock-news.laohu8.com/highlight/detail?id=2166434154","media":"Benzinga","summary":"GameStop Corp (NYSE: GME) is trading lower after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy.","content":"GameStop Corp (NYSE:GME) is trading lower&nbsp;after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy.\nGameStop failed to provide color on its financial results or its long-term plan and even refrained from taking questions,&nbsp;Loop Capital's Anthony Chukumba said Thursday on CNBC's \"Squawk Box.\"\nWhat Happened:&nbsp;GameStop reported a quarterly earnings loss of 76 cents per share, which came in below the estimate for a loss of 66 cents per share. The company reported quarterly revenue of $1.183 billion, which beat the estimate of $1.12 billion.\nThe lack of clarity on the conference call was astounding, Chukumba said:&nbsp;\"It was&nbsp;shameful. It was disrespectful to their shareholders.\"\nHe was&nbsp;skeptical&nbsp;of Chewy Inc (NYSE:CHWY) founder Ryan Cohen's ability to turn the company around.\n\"At some point we are going to have to come to the realization that the emperor has no clothes. There's no strategy and there's no turning this business around,\" Chukumba said.\nCo-host Andrew Ross Sorkin&nbsp;asked for his thoughts about the characterization&nbsp;of GameStop as a well-funded startup company.\nStartups grow sales at an extremely fast rate and although those companies usually lose money, it's easy to see when they may become profitable,&nbsp;Chukumba said, adding that in terms of GameStop, those characteristics are nowhere to be found.\n\"To liken this to an internet startup is an insult to internet startups,\" he said.\nValuation: The current valuation is nonsensical, Chukumba said.&nbsp;GameStop's market cap was just below $15 billion at publication time.\nChukumba had a price target of $10 on the stock when he last covered it.\n\"I haven't covered the company for quite some time, but there's nothing to&nbsp;make me think that it's worth any more than [$10 per share]. For this stock to have a $15 billion valuation is the dumbest thing I've heard in quite some time,\" he said.\nFollowing his comments on the&nbsp;widely popular stock, Sorkin smiled and told Chukumba to \"stay safe.\"\nGME Price Action: GameStop has traded&nbsp;as high as $483 and as low as $5.87 over a 52-week period.\nThe stock rose 0.2% to $199.18&nbsp;on&nbsp;Thursday.","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is GameStop Worth More Than $10 A Share? Analyst Slams 'Shameful' Earnings Call</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs GameStop Worth More Than $10 A Share? Analyst Slams 'Shameful' Earnings Call\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nBenzinga \n2021-09-10 11:03\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\nGameStop Corp (NYSE:GME) is trading lower&nbsp;after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy.\nGameStop failed to provide color on its financial results or its long-term plan and even refrained from taking questions,&nbsp;Loop Capital's Anthony Chukumba said Thursday on CNBC's \"Squawk Box.\"\nWhat Happened:&nbsp;GameStop reported a quarterly earnings loss of 76 cents per share, which came in below the estimate for a loss of 66 cents per share. The company reported quarterly revenue of $1.183 billion, which beat the estimate of $1.12 billion.\nThe lack of clarity on the conference call was astounding, Chukumba said:&nbsp;\"It was&nbsp;shameful. It was disrespectful to their shareholders.\"\nHe was&nbsp;skeptical&nbsp;of Chewy Inc (NYSE:CHWY) founder Ryan Cohen's ability to turn the company around.\n\"At some point we are going to have to come to the realization that the emperor has no clothes. There's no strategy and there's no turning this business around,\" Chukumba said.\nCo-host Andrew Ross Sorkin&nbsp;asked for his thoughts about the characterization&nbsp;of GameStop as a well-funded startup company.\nStartups grow sales at an extremely fast rate and although those companies usually lose money, it's easy to see when they may become profitable,&nbsp;Chukumba said, adding that in terms of GameStop, those characteristics are nowhere to be found.\n\"To liken this to an internet startup is an insult to internet startups,\" he said.\nValuation: The current valuation is nonsensical, Chukumba said.&nbsp;GameStop's market cap was just below $15 billion at publication time.\nChukumba had a price target of $10 on the stock when he last covered it.\n\"I haven't covered the company for quite some time, but there's nothing to&nbsp;make me think that it's worth any more than [$10 per share]. For this stock to have a $15 billion valuation is the dumbest thing I've heard in quite some time,\" he said.\nFollowing his comments on the&nbsp;widely popular stock, Sorkin smiled and told Chukumba to \"stay safe.\"\nGME Price Action: GameStop has traded&nbsp;as high as $483 and as low as $5.87 over a 52-week period.\nThe stock rose 0.2% to $199.18&nbsp;on&nbsp;Thursday.\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CHWY":"Chewy, Inc.","GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166434154","content_text":"GameStop Corp (NYSE:GME) is trading lower after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy.\nGameStop failed to provide color on its financial results or its long-term plan and even refrained from taking questions, Loop Capital's Anthony Chukumba said Thursday on CNBC's \"Squawk Box.\"\nWhat Happened: GameStop reported a quarterly earnings loss of 76 cents per share, which came in below the estimate for a loss of 66 cents per share. The company reported quarterly revenue of $1.183 billion, which beat the estimate of $1.12 billion.\nThe lack of clarity on the conference call was astounding, Chukumba said: \"It was shameful. It was disrespectful to their shareholders.\"\nHe was skeptical of Chewy Inc (NYSE:CHWY) founder Ryan Cohen's ability to turn the company around.\n\"At some point we are going to have to come to the realization that the emperor has no clothes. There's no strategy and there's no turning this business around,\" Chukumba said.\nCo-host Andrew Ross Sorkin asked for his thoughts about the characterization of GameStop as a well-funded startup company.\nStartups grow sales at an extremely fast rate and although those companies usually lose money, it's easy to see when they may become profitable, Chukumba said, adding that in terms of GameStop, those characteristics are nowhere to be found.\n\"To liken this to an internet startup is an insult to internet startups,\" he said.\nValuation: The current valuation is nonsensical, Chukumba said. GameStop's market cap was just below $15 billion at publication time.\nChukumba had a price target of $10 on the stock when he last covered it.\n\"I haven't covered the company for quite some time, but there's nothing to make me think that it's worth any more than [$10 per share]. For this stock to have a $15 billion valuation is the dumbest thing I've heard in quite some time,\" he said.\nFollowing his comments on the widely popular stock, Sorkin smiled and told Chukumba to \"stay safe.\"\nGME Price Action: GameStop has traded as high as $483 and as low as $5.87 over a 52-week period.\nThe stock rose 0.2% to $199.18 on Thursday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":883214750,"gmtCreate":1631243618570,"gmtModify":1676530507278,"author":{"id":"3555043402922696","authorId":"3555043402922696","name":"逢場作戲又一日","avatar":"https://community-static.tradeup.com/news/6a5fbf2ceb7c7ee0399d41e6348dadf7","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":5,"crmLevelSwitch":1,"idStr":"3555043402922696","authorIdStr":"3555043402922696"},"htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/883214750","repostId":2166434154,"repostType":4,"repost":{"id":"2166434154","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1631243007,"share":"https://ttm.financial/m/news/2166434154?lang=&edition=fundamental","pubTime":"2021-09-10 11:03","market":"us","language":"en","title":"Is GameStop Worth More Than $10 A Share? Analyst Slams 'Shameful' Earnings Call","url":"https://stock-news.laohu8.com/highlight/detail?id=2166434154","media":"Benzinga","summary":"GameStop Corp (NYSE: GME) is trading lower after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy.","content":"GameStop Corp (NYSE:GME) is trading lower&nbsp;after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy.\nGameStop failed to provide color on its financial results or its long-term plan and even refrained from taking questions,&nbsp;Loop Capital's Anthony Chukumba said Thursday on CNBC's \"Squawk Box.\"\nWhat Happened:&nbsp;GameStop reported a quarterly earnings loss of 76 cents per share, which came in below the estimate for a loss of 66 cents per share. The company reported quarterly revenue of $1.183 billion, which beat the estimate of $1.12 billion.\nThe lack of clarity on the conference call was astounding, Chukumba said:&nbsp;\"It was&nbsp;shameful. It was disrespectful to their shareholders.\"\nHe was&nbsp;skeptical&nbsp;of Chewy Inc (NYSE:CHWY) founder Ryan Cohen's ability to turn the company around.\n\"At some point we are going to have to come to the realization that the emperor has no clothes. There's no strategy and there's no turning this business around,\" Chukumba said.\nCo-host Andrew Ross Sorkin&nbsp;asked for his thoughts about the characterization&nbsp;of GameStop as a well-funded startup company.\nStartups grow sales at an extremely fast rate and although those companies usually lose money, it's easy to see when they may become profitable,&nbsp;Chukumba said, adding that in terms of GameStop, those characteristics are nowhere to be found.\n\"To liken this to an internet startup is an insult to internet startups,\" he said.\nValuation: The current valuation is nonsensical, Chukumba said.&nbsp;GameStop's market cap was just below $15 billion at publication time.\nChukumba had a price target of $10 on the stock when he last covered it.\n\"I haven't covered the company for quite some time, but there's nothing to&nbsp;make me think that it's worth any more than [$10 per share]. For this stock to have a $15 billion valuation is the dumbest thing I've heard in quite some time,\" he said.\nFollowing his comments on the&nbsp;widely popular stock, Sorkin smiled and told Chukumba to \"stay safe.\"\nGME Price Action: GameStop has traded&nbsp;as high as $483 and as low as $5.87 over a 52-week period.\nThe stock rose 0.2% to $199.18&nbsp;on&nbsp;Thursday.","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is GameStop Worth More Than $10 A Share? Analyst Slams 'Shameful' Earnings Call</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs GameStop Worth More Than $10 A Share? Analyst Slams 'Shameful' Earnings Call\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nBenzinga \n2021-09-10 11:03\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\nGameStop Corp (NYSE:GME) is trading lower&nbsp;after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy.\nGameStop failed to provide color on its financial results or its long-term plan and even refrained from taking questions,&nbsp;Loop Capital's Anthony Chukumba said Thursday on CNBC's \"Squawk Box.\"\nWhat Happened:&nbsp;GameStop reported a quarterly earnings loss of 76 cents per share, which came in below the estimate for a loss of 66 cents per share. The company reported quarterly revenue of $1.183 billion, which beat the estimate of $1.12 billion.\nThe lack of clarity on the conference call was astounding, Chukumba said:&nbsp;\"It was&nbsp;shameful. It was disrespectful to their shareholders.\"\nHe was&nbsp;skeptical&nbsp;of Chewy Inc (NYSE:CHWY) founder Ryan Cohen's ability to turn the company around.\n\"At some point we are going to have to come to the realization that the emperor has no clothes. There's no strategy and there's no turning this business around,\" Chukumba said.\nCo-host Andrew Ross Sorkin&nbsp;asked for his thoughts about the characterization&nbsp;of GameStop as a well-funded startup company.\nStartups grow sales at an extremely fast rate and although those companies usually lose money, it's easy to see when they may become profitable,&nbsp;Chukumba said, adding that in terms of GameStop, those characteristics are nowhere to be found.\n\"To liken this to an internet startup is an insult to internet startups,\" he said.\nValuation: The current valuation is nonsensical, Chukumba said.&nbsp;GameStop's market cap was just below $15 billion at publication time.\nChukumba had a price target of $10 on the stock when he last covered it.\n\"I haven't covered the company for quite some time, but there's nothing to&nbsp;make me think that it's worth any more than [$10 per share]. For this stock to have a $15 billion valuation is the dumbest thing I've heard in quite some time,\" he said.\nFollowing his comments on the&nbsp;widely popular stock, Sorkin smiled and told Chukumba to \"stay safe.\"\nGME Price Action: GameStop has traded&nbsp;as high as $483 and as low as $5.87 over a 52-week period.\nThe stock rose 0.2% to $199.18&nbsp;on&nbsp;Thursday.\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CHWY":"Chewy, Inc.","GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166434154","content_text":"GameStop Corp (NYSE:GME) is trading lower after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy.\nGameStop failed to provide color on its financial results or its long-term plan and even refrained from taking questions, Loop Capital's Anthony Chukumba said Thursday on CNBC's \"Squawk Box.\"\nWhat Happened: GameStop reported a quarterly earnings loss of 76 cents per share, which came in below the estimate for a loss of 66 cents per share. The company reported quarterly revenue of $1.183 billion, which beat the estimate of $1.12 billion.\nThe lack of clarity on the conference call was astounding, Chukumba said: \"It was shameful. It was disrespectful to their shareholders.\"\nHe was skeptical of Chewy Inc (NYSE:CHWY) founder Ryan Cohen's ability to turn the company around.\n\"At some point we are going to have to come to the realization that the emperor has no clothes. There's no strategy and there's no turning this business around,\" Chukumba said.\nCo-host Andrew Ross Sorkin asked for his thoughts about the characterization of GameStop as a well-funded startup company.\nStartups grow sales at an extremely fast rate and although those companies usually lose money, it's easy to see when they may become profitable, Chukumba said, adding that in terms of GameStop, those characteristics are nowhere to be found.\n\"To liken this to an internet startup is an insult to internet startups,\" he said.\nValuation: The current valuation is nonsensical, Chukumba said. GameStop's market cap was just below $15 billion at publication time.\nChukumba had a price target of $10 on the stock when he last covered it.\n\"I haven't covered the company for quite some time, but there's nothing to make me think that it's worth any more than [$10 per share]. For this stock to have a $15 billion valuation is the dumbest thing I've heard in quite some time,\" he said.\nFollowing his comments on the widely popular stock, Sorkin smiled and told Chukumba to \"stay safe.\"\nGME Price Action: GameStop has traded as high as $483 and as low as $5.87 over a 52-week period.\nThe stock rose 0.2% to $199.18 on Thursday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5815478,"gmtCreate":1631246512282,"gmtModify":1663233657053,"authorId":3579785829632833,"author":{"id":3579785829632833,"idStr":"3579785829632833","authorId":3579785829632833,"name":"hynne","avatar":"https://static.tigerbbs.com/f2a786289d732ce5829c1b81bf2b5e30","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":883214750,"type":1,"supId":0,"prevId":0,"content":"i","text":"i","html":"i"}],"langContent":"EN"},{"id":883218421,"gmtCreate":1631243194263,"gmtModify":1676530507179,"author":{"id":"4087537231786360","authorId":"4087537231786360","name":"土金水木火","avatar":"https://static.tigerbbs.com/b569dff568eac68113202875c896b710","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087537231786360","authorIdStr":"4087537231786360"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/883218421","repostId":2166434154,"repostType":4,"repost":{"id":"2166434154","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1631243007,"share":"https://ttm.financial/m/news/2166434154?lang=&edition=fundamental","pubTime":"2021-09-10 11:03","market":"us","language":"en","title":"Is GameStop Worth More Than $10 A Share? Analyst Slams 'Shameful' Earnings Call","url":"https://stock-news.laohu8.com/highlight/detail?id=2166434154","media":"Benzinga","summary":"GameStop Corp (NYSE: GME) is trading lower after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy.","content":"GameStop Corp (NYSE:GME) is trading lower&nbsp;after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy.\nGameStop failed to provide color on its financial results or its long-term plan and even refrained from taking questions,&nbsp;Loop Capital's Anthony Chukumba said Thursday on CNBC's \"Squawk Box.\"\nWhat Happened:&nbsp;GameStop reported a quarterly earnings loss of 76 cents per share, which came in below the estimate for a loss of 66 cents per share. The company reported quarterly revenue of $1.183 billion, which beat the estimate of $1.12 billion.\nThe lack of clarity on the conference call was astounding, Chukumba said:&nbsp;\"It was&nbsp;shameful. It was disrespectful to their shareholders.\"\nHe was&nbsp;skeptical&nbsp;of Chewy Inc (NYSE:CHWY) founder Ryan Cohen's ability to turn the company around.\n\"At some point we are going to have to come to the realization that the emperor has no clothes. There's no strategy and there's no turning this business around,\" Chukumba said.\nCo-host Andrew Ross Sorkin&nbsp;asked for his thoughts about the characterization&nbsp;of GameStop as a well-funded startup company.\nStartups grow sales at an extremely fast rate and although those companies usually lose money, it's easy to see when they may become profitable,&nbsp;Chukumba said, adding that in terms of GameStop, those characteristics are nowhere to be found.\n\"To liken this to an internet startup is an insult to internet startups,\" he said.\nValuation: The current valuation is nonsensical, Chukumba said.&nbsp;GameStop's market cap was just below $15 billion at publication time.\nChukumba had a price target of $10 on the stock when he last covered it.\n\"I haven't covered the company for quite some time, but there's nothing to&nbsp;make me think that it's worth any more than [$10 per share]. For this stock to have a $15 billion valuation is the dumbest thing I've heard in quite some time,\" he said.\nFollowing his comments on the&nbsp;widely popular stock, Sorkin smiled and told Chukumba to \"stay safe.\"\nGME Price Action: GameStop has traded&nbsp;as high as $483 and as low as $5.87 over a 52-week period.\nThe stock rose 0.2% to $199.18&nbsp;on&nbsp;Thursday.","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is GameStop Worth More Than $10 A Share? Analyst Slams 'Shameful' Earnings Call</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs GameStop Worth More Than $10 A Share? Analyst Slams 'Shameful' Earnings Call\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nBenzinga \n2021-09-10 11:03\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\nGameStop Corp (NYSE:GME) is trading lower&nbsp;after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy.\nGameStop failed to provide color on its financial results or its long-term plan and even refrained from taking questions,&nbsp;Loop Capital's Anthony Chukumba said Thursday on CNBC's \"Squawk Box.\"\nWhat Happened:&nbsp;GameStop reported a quarterly earnings loss of 76 cents per share, which came in below the estimate for a loss of 66 cents per share. The company reported quarterly revenue of $1.183 billion, which beat the estimate of $1.12 billion.\nThe lack of clarity on the conference call was astounding, Chukumba said:&nbsp;\"It was&nbsp;shameful. It was disrespectful to their shareholders.\"\nHe was&nbsp;skeptical&nbsp;of Chewy Inc (NYSE:CHWY) founder Ryan Cohen's ability to turn the company around.\n\"At some point we are going to have to come to the realization that the emperor has no clothes. There's no strategy and there's no turning this business around,\" Chukumba said.\nCo-host Andrew Ross Sorkin&nbsp;asked for his thoughts about the characterization&nbsp;of GameStop as a well-funded startup company.\nStartups grow sales at an extremely fast rate and although those companies usually lose money, it's easy to see when they may become profitable,&nbsp;Chukumba said, adding that in terms of GameStop, those characteristics are nowhere to be found.\n\"To liken this to an internet startup is an insult to internet startups,\" he said.\nValuation: The current valuation is nonsensical, Chukumba said.&nbsp;GameStop's market cap was just below $15 billion at publication time.\nChukumba had a price target of $10 on the stock when he last covered it.\n\"I haven't covered the company for quite some time, but there's nothing to&nbsp;make me think that it's worth any more than [$10 per share]. For this stock to have a $15 billion valuation is the dumbest thing I've heard in quite some time,\" he said.\nFollowing his comments on the&nbsp;widely popular stock, Sorkin smiled and told Chukumba to \"stay safe.\"\nGME Price Action: GameStop has traded&nbsp;as high as $483 and as low as $5.87 over a 52-week period.\nThe stock rose 0.2% to $199.18&nbsp;on&nbsp;Thursday.\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CHWY":"Chewy, Inc.","GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166434154","content_text":"GameStop Corp (NYSE:GME) is trading lower after the company reported weak earnings results and failed to provide updates on its long-term transformation strategy.\nGameStop failed to provide color on its financial results or its long-term plan and even refrained from taking questions, Loop Capital's Anthony Chukumba said Thursday on CNBC's \"Squawk Box.\"\nWhat Happened: GameStop reported a quarterly earnings loss of 76 cents per share, which came in below the estimate for a loss of 66 cents per share. The company reported quarterly revenue of $1.183 billion, which beat the estimate of $1.12 billion.\nThe lack of clarity on the conference call was astounding, Chukumba said: \"It was shameful. It was disrespectful to their shareholders.\"\nHe was skeptical of Chewy Inc (NYSE:CHWY) founder Ryan Cohen's ability to turn the company around.\n\"At some point we are going to have to come to the realization that the emperor has no clothes. There's no strategy and there's no turning this business around,\" Chukumba said.\nCo-host Andrew Ross Sorkin asked for his thoughts about the characterization of GameStop as a well-funded startup company.\nStartups grow sales at an extremely fast rate and although those companies usually lose money, it's easy to see when they may become profitable, Chukumba said, adding that in terms of GameStop, those characteristics are nowhere to be found.\n\"To liken this to an internet startup is an insult to internet startups,\" he said.\nValuation: The current valuation is nonsensical, Chukumba said. GameStop's market cap was just below $15 billion at publication time.\nChukumba had a price target of $10 on the stock when he last covered it.\n\"I haven't covered the company for quite some time, but there's nothing to make me think that it's worth any more than [$10 per share]. For this stock to have a $15 billion valuation is the dumbest thing I've heard in quite some time,\" he said.\nFollowing his comments on the widely popular stock, Sorkin smiled and told Chukumba to \"stay safe.\"\nGME Price Action: GameStop has traded as high as $483 and as low as $5.87 over a 52-week period.\nThe stock rose 0.2% to $199.18 on Thursday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5814919,"gmtCreate":1631243629419,"gmtModify":1663233652547,"authorId":3555043402922696,"author":{"id":3555043402922696,"idStr":"3555043402922696","authorId":3555043402922696,"name":"逢場作戲又一日","avatar":"https://community-static.tradeup.com/news/6a5fbf2ceb7c7ee0399d41e6348dadf7","vip":1,"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":883218421,"type":1,"supId":0,"prevId":0,"content":"GG","text":"GG","html":"GG"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":24,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2166434154"}