Has The GameStop Bear Finally Won By Killing Technology Brands? [Seeking Alpha]
GameStop Corporation (GME)
Last gamestop corporation earnings: 3/26 04:06 pm
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US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=130125&p=irol-irhome
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Source: Seeking Alpha
Has The GameStop Bear Finally Won By Killing Technology Brands?SummaryGameStop announced holiday sales today and reiterated its 2017 adjusted operating earnings guidance for Technology Brands.However, GameStop is taking an impairment charge of $350-400 million primarily against the Technology Brands business.This impairment charge completely eliminates all of GameStop's 2017 profit.Expect near-term stock price negative pressures.The bull case for GameStop has definitely weakened.
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- The meme-stock rally is dead as reality sets in amid GameStop's warning on revenue and plan to sell 45 million shares [Yahoo! Finance]Yahoo! Finance
- Dow 40,000, GameStop meme craze and inflation hangover [Yahoo! Finance]Yahoo! Finance
- Dow surges to first close above 40,000 [Yahoo! Finance]Yahoo! Finance
- Spot Silver Tops $30 an Ounce to Hit Highest Since 2013 [Yahoo! Finance Canada]Yahoo! Finance Canada
- Dow closes above 40,000 for first time, notching new milestone [CBS News]CBS News
GME
Earnings
- 3/26/24 - Miss
GME
Sec Filings
- 5/17/24 - Form 8-K
- 5/17/24 - Form 424B5
- 5/17/24 - Form 8-K
- GME's page on the SEC website