Options Market Statistics: Traders Pile Into Bullish Bets on GameStop for Second Day
Shares of $GameStop(GME)$
The company recently announced its third-quarter financial results, revealing a 20% year-over-year decline in sales to $860 million, falling short of market expectations of $888 million. Despite the drop in sales, GameStop reported a profit of $17.4 million, compared to a loss of $3.1 million in the same period last year. Adjusted earnings per share came in at $0.06, surpassing the anticipated loss of $0.03 per share.
Also, Traders bought a slew of bullish contracts on video-game retailer GameStop Corp. over the past two days, less than a month after an X post from Keith Gill, the online persona known as Roaring Kitty, sent meme stocks flying.
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- JackQuant·12-18they gonna dump it as soon as we’re in 🤣LikeReport