GameStop

GameStop to borrow US$1.3 billion to fund Bitcoin buying spree

The cryptocurrency is down roughly 18 per cent from an all-time high in January, and investors are bailing on a variety of risky assets amid tariff uncertainty and choppy economic data

A wave of companies that have followed Strategy’s footstep have seen their stock prices soar after announcing plans to buy Bitcoin.

GameStop is latest public firm to jump on the Bitcoin bandwagon

A variety of companies ranging from medical tech provider to hotel developer have been inspired by the rise of Strategy

GameStop has been grappling with a slower turnaround of its main business as it struggles to ramp up sales of videogame hardware and collectibles.

GameStop reports third-quarter profit on spending cuts

GAMESTOP reported a third-quarter profit on Tuesday (Dec 10) as the video game retailer ramps up its cost-saving efforts, including shutting stores and selling higher-margin goods.

GameStop brick-and-mortar retail business struggles to adapt to the shifts in gaming from physical disks to software downloads.

GameStop swings to unexpected profit even as sales slide

GAMESTOP reported a fourth consecutive quarter of falling sales, though the video-game retailer reported an unexpected profit.

The meme stock mania was fuelled in part by investors stuck at home during the pandemic, and led to a “short squeeze” that caused losses for hedge funds betting stock prices would fall.

‘Roaring Kitty’ lawsuit over GameStop is withdrawn for now

INVESTORS in GameStop have for now withdrawn their lawsuit accusing Keith Gill, who is known as “Roaring Kitty” and helped spur the meme stock mania of 2021, of defrauding them through a “pump-and-dum...

GameStop shares were down 11.6 per cent at US$25.38 on Monday afternoon after the annual general shareholder meeting, which lasted about 20 minutes.

GameStop shares tumble after CEO says store network will shrink

SHARES of GameStop tumbled on Monday after CEO Ryan Cohen told investors that the videogame retailer plans to operate a smaller network of stores, but did not provide details on what it intends to do ...

The company’s last shareholder meeting in June 2023 took less than 15 minutes and included a brief statement from CEO Ryan Cohen.

GameStop's fans await shareholder meeting, after high demand derailed first attempt

Shares of the video game retailer have gyrated wildly over the last month after the stock influencer who helped kick off meme stock mania in 2021 reappeared

GameStop more than double in four days, before the stock cratered on Friday after the fundraising plan was announced.

GameStop raises US$2.14 billion on back of Roaring Kitty-led rally

GAMESTOP raised roughly US$2.14 billion from a share sale programme as it capitalised on a stock rally after Keith Gill talked up the shares following his return to YouTube.

GameStop, which largely relies on brick-and-mortar stores and has been grappling with customers turning to e-commerce firms for buying video games and collectibles.

GameStop’s sales continue to slide in surprise earnings release

GAMESTOP reported a drop in sales and announced a more than US$3 billion stock offer as it released its first-quarter report in advance, sending the shares of the video game retailer down sharply in v...

GameStop has surged over 160 per cent in 2024.

GameStop surges almost 50% as ‘Roaring Kitty’ teases livestream

SHARES of GameStop surged nearly 50 per cent on Thursday (Jun 6) after the online stock influencer known as “Roaring Kitty” posted on YouTube that he would host a livestream on Friday.