So late into the e-commerce ma

2021-04-27

So late into the e-commerce market? Can they really be a profitable company?

GameStop raises $551 mln to accelerate e-commerce push, shares jump

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Comments

YellowiPod
2021-04-27
YellowiPod
Yes. but they are also the only company that can amplify gaming industry with their IP. Gaming industry has a bullish future. dont be fooled by the price of the stock. The market cap is only 11B.
- bzlim:
  I would love to hear more on their IP. No doubt gaming industry is bullish but the growth lies with companies that owns the game or the platforms that are used along with games. Not resellers.
sshgavin
2021-04-27
sshgavin
bad investment
- bzlim:
  I didn't invest in this. But I hope people do their proper research before throwing their money in.
Gnoot
2021-04-27
Gnoot
if u don't believe, don't buy. so much potential but u can continue to be blind.
DZJ1976
2021-04-27
DZJ1976
Brave person who bets against Ryan Cohen!

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Can they really be a profitable company?","highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":6,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/377039403","repostId":2130071345,"repostType":4,"repost":{"id":"2130071345","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619481187,"share":"https://www.laohu8.com/m/news/2130071345?lang=&edition=full","pubTime":"2021-04-27 07:53","market":"us","language":"en","title":"GameStop raises $551 mln to accelerate e-commerce push, shares jump","url":"https://stock-news.laohu8.com/highlight/detail?id=2130071345","media":"Tiger Newspress","summary":"GameStop Corp has raised $551 million through an equity offering as the videogame retailer accelerat","content":"<p>GameStop Corp has raised $551 million through an equity offering as the videogame retailer accelerates its shift to e-commerce, sending its shares 9.5% higher in extended trading on Monday.</p><p><img src=\"https://static.tigerbbs.com/816e0d15068fe527b370f49cb962516f\" tg-width=\"1302\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p>The company, which was at the center of a Reddit-fueled trading frenzy earlier this year, said in a statement it had sold 3.5 million shares in the at-the-market offering.</p><p>Based on Reuters calculation, the average price of the shares sold was $157.43. 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The company's stock has gained more than 850% this year thanks to a push by retail investors to drive up prices of heavily shorted stocks.GameStop said earlier this month George Sherman will step down as its chief executive officer in the biggest management shakeup at the retailer, giving top shareholder Ryan Cohen more control.Cohen, whose RC Ventures owns nearly 13% of GameStop, is leading the company's transformation into an e-commerce firm that can compete with big retailers such as Walmart Inc, as well as technology companies like Microsoft Corp and Sony Corp.","news_type":1},"isVote":1,"tweetType":1,"viewCount":197,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":64,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":4146601,"gmtCreate":1619497401733,"gmtModify":1680785798085,"authorId":3573622245169189,"author":{"id":3573622245169189,"authorId":3573622245169189,"name":"YellowiPod","avatar":"https://static.tigerbbs.com/d79268944dca839244d2f66d2b5ff185","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":377039403,"type":1,"supId":0,"prevId":0,"content":"Yes. but they are also the only company that can amplify gaming industry with their IP. Gaming industry has a bullish future. dont be fooled by the price of the stock. The market cap is only 11B.","text":"Yes. but they are also the only company that can amplify gaming industry with their IP. Gaming industry has a bullish future. dont be fooled by the price of the stock. The market cap is only 11B.","html":"Yes. but they are also the only company that can amplify gaming industry with their IP. Gaming industry has a bullish future. dont be fooled by the price of the stock. The market cap is only 11B.","likeSize":0,"commentSize":1,"subComments":[{"id":4147554,"gmtCreate":1619504561183,"gmtModify":1680785819307,"authorId":3572436349218639,"author":{"id":3572436349218639,"authorId":3572436349218639,"name":"bzlim","avatar":"https://static.tigerbbs.com/3b2aafaf14823285f7393917b6ff4f54","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":377039403,"type":1,"supId":4146601,"prevId":0,"content":"I would love to hear more on their IP. No doubt gaming industry is bullish but the growth lies with companies that owns the game or the platforms that are used along with games. Not resellers.","text":"I would love to hear more on their IP. No doubt gaming industry is bullish but the growth lies with companies that owns the game or the platforms that are used along with games. Not resellers.","html":"I would love to hear more on their IP. No doubt gaming industry is bullish but the growth lies with companies that owns the game or the platforms that are used along with games. Not resellers."}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":4143968,"gmtCreate":1619483823437,"gmtModify":1680785758294,"authorId":3578033508400322,"author":{"id":3578033508400322,"authorId":3578033508400322,"name":"sshgavin","avatar":"https://static.tigerbbs.com/073b8c09c44cf22a90308fcacd10bcfe","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":377039403,"type":1,"supId":0,"prevId":0,"content":"bad <u>investment</u>","text":"bad <u>investment</u>","html":"bad <u>investment</u>","likeSize":0,"commentSize":1,"subComments":[{"id":4144040,"gmtCreate":1619483976315,"gmtModify":1680785759244,"authorId":3572436349218639,"author":{"id":3572436349218639,"authorId":3572436349218639,"name":"bzlim","avatar":"https://static.tigerbbs.com/3b2aafaf14823285f7393917b6ff4f54","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":377039403,"type":1,"supId":4143968,"prevId":0,"content":"I didn't invest in this. But I hope people do their proper research before throwing their money in.","text":"I didn't invest in this. But I hope people do their proper research before throwing their money in.","html":"I didn't invest in this. But I hope people do their proper research before throwing their money in."}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":4145775,"gmtCreate":1619491590472,"gmtModify":1680785786252,"authorId":3557635903804345,"author":{"id":3557635903804345,"authorId":3557635903804345,"name":"Gnoot","avatar":"https://static.tigerbbs.com/eb43871778bd5fbdf741157e18800d52","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":377039403,"type":1,"supId":0,"prevId":0,"content":"if u don't believe, don't buy. so much potential but u can continue to be blind.","text":"if u don't believe, don't buy. so much potential but u can continue to be blind.","html":"if u don't believe, don't buy. so much potential but u can continue to be blind.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":4144045,"gmtCreate":1619483987445,"gmtModify":1680785757228,"authorId":3577722120895602,"author":{"id":3577722120895602,"authorId":3577722120895602,"name":"DZJ1976","avatar":"https://static.tigerbbs.com/f0cb3bd8146604a31cbb6b27cf53752e","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":377039403,"type":1,"supId":0,"prevId":0,"content":"Brave person who bets against Ryan Cohen!","text":"Brave person who bets against Ryan Cohen!","html":"Brave person who bets against Ryan Cohen!","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/377039403"}