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-0.00058433969614338 -0.00058433969614338 -0.00194779898714455 0 0.000720685625243456 0.00777950915465524 -0.00759641604986366 -0.00233735878457338
Stock impact report

Why Is GameStop (GME) Stock Soaring Today [Yahoo! Finance]

GameStop Corporation (GME) 
Last gamestop corporation earnings: 3/26 04:06 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Cohen said that he aimed to transform the company into a $100 billion powerhouse by pursuing a major acquisition within the consumer or retail sectors. This goal would require deploying the company's large cash reserves to acquire a business that could deliver a significant boost to GameStop's market value. The announcement was met with investor optimism, reflecting confidence in Cohen's leadership. Is now the time to buy GameStop? Access our full analysis report here, it's free GameStop's shares are very volatile and have had 22 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 7 days ago when the stock gained 5.2% on the news that famed investor Michael Burry disclosed he had been buying its shares. Burry, known for his depiction in 'The Big Short,' revealed in a Substack post that Show less Read more
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