To The Moon

In the pre-market session on Friday, shares of GameStop Corp. plummeted 5.03% amid waning interest from retail investors in the meme stock frenzy.The video game retailer's stock had surged earlier this week after the popular Reddit trader "Roaring Kitty" made a cryptic social media post, fueling speculation of another potential short squeeze. However, the hype around GameStop and other meme stocks appears to be fading, leading to profit-taking by investors who had piled into the trade.GameStop'

$GameStop(GME)$ reported a third-quarter profit on Tuesday as the videogame retailer ramps up its cost-saving efforts, including shutting stores and selling higher-margin goods.CEO Ryan Cohen told inv

GameStop Corp. shares surged 6.39% in intraday trading on Tuesday, amid speculation that the company could follow the footsteps of MicroStrategy and Rumble Inc. in adopting Bitcoin as a treasury asset.The speculation was fueled by a news article from Benzinga, which reported that Rumble Inc. had approved a plan to invest up to $20 million in Bitcoin. The article also mentioned that GameStop's board had previously granted CEO Ryan Cohen increased control over the company's cash hoard, raising t

Today, we're exploring what 'Fair Value' for GME shares could be.Given the declining sales figures, persistent headwinds, and patently absurd valuation, we're staying far away from this stock.In an op

GameStop stock gained another 2% in premarket trading Wednesday, heading for eight straight sessions.GameStop meme trading is alive and well this month, with the videogame retailer rising for the seve

GameStop meme trading is alive and well this month, with the videogame retailer rising for the seventh consecutive trading day on Tuesday.The stock was up 2.1% by just before noon, trading at $27.56. It's up 58% for the year, although its trading volume has subsided substantially since trader Keith Gill, better known as Roaring Kitty, reappeared in mid-May after about three years offline.The current streak has sent the stock price up 16% for its best seven-day stretch since June and its highest price in a month. GameStop stock's highest close for the year so far was at $48.75 on May 14, when Roaring Kitty returned. Shares had been trading at around $11 in late April.The meme stock trade is notoriously volatile, trading more on momentum and excitement, rather than fundamentals such as earnings growth and cash flow.GameStop stock hit an intraday high for the year of nearly $65 in May on excitement o ver Roaring Kitty's return, before slipping. The stock is currently down 68% from a recor

Meme stocks are alive and kicking, despite rumors of their demise, says Derek Horstmeyer, professor of finance at the Costello College of Business at George Mason University. The last few months have seen a resurgence of interest in meme stocks, boosted by the surprise return of influential trader Keith Gill, also known as Roaring Kitty, to social media.The recent flurry of activity proved that meme stocks are alive and kicking, despite rumors of their demise. "I think we all predicted meme stocks will disappear when they raised interest rates, that it would stop the party, but it didn't," Derek Horstmeyer, a professor of finance at the Costello College of Business at George Mason University. "I think when they lower them, it's going to be more full on - you can borrow at a lower cost."Here we go again," wrote @WingGirlTrader, on X, formerly Twitter, with a fac

Keith Patrick Gill, popularly known as “Roaring Kitty” on social media, is facing a new class action lawsuit over allegations of a pump-and-dump scheme involving $GameStop Corp.(GME)$ securities.What

Citron Research no longer has a short position in retail traders' favorite GameStop, the short seller said on X.com on Wednesday, days after taking a bearish position in the company.Andrew Left, Citro

Influential trader and analyst Keith Gill, also known as Roaring Kitty, sparked the recent meme-stock rally with his return to social mediaGameStop shares ended Tuesday’s session up 22.8%.Influential