GameStop's stock drops after revealing large charge related iPhone X-related woes [MarketWatch]
GameStop Corporation (GME)
Last gamestop corporation earnings: 3/26 04:06 pm
Check Earnings Report
US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=130125&p=irol-irhome
Company Research
Source: MarketWatch
GameStop's stock drops after revealing large charge related iPhone X-related woes GameStop Corp.'s stock GME, -8.47% tumbled 3.8% in premarket trade Friday, after the gaming products retailer reported a big jump in holiday sales, but said it would take impairment charges of $350 million to $400 million related to its technology brands business. The company said the charges were primarily a result of the negative impact of a longer upgrade cycle for new mobile devices and the changes made by AT&T Inc. T, -0.36% to the compensation structure. For the nine-week holiday period ending Dec. 30, GameStop said total rose 10.6% to $2.77 billion and comparable-store sales increased 11.8%, as U.S. same-store sales jumped 18.7%. Within gaming, new hardware sales increased 38.3%, boosted by sales of the Nintendo Switch and the launch of Microsoft Corp.'s MSFT, +0.82% Xbox One X, while video game accessories sales grew 33.7% and pre-owned sales declined 8.1%. Technology brands sales fell 1
Show less
Read more
Impact Snapshot
Event Time:
GME
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GME alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GME alerts
High impacting GameStop Corporation news events
Weekly update
A roundup of the hottest topics
GME
News
- Trump Media asks lawmakers to investigate "unlawful trading activity" [Yahoo! Finance]Yahoo! Finance
- Trump Media asks lawmakers to investigate possible "unlawful trading activity" in its DJT stock [CBS News]CBS News
- Memecoins are back, and the returns are so big that even hedge funds can't resist [Yahoo! Finance]Yahoo! Finance
- Hedge Funds Are Succumbing to Mind-Boggling Returns of Memecoins [BNN Bloomberg (Canada)]BNN Bloomberg
- Jim Cramer: Why Gen Z Has To Learn To Be Frugal [Yahoo! Finance]Yahoo! Finance
GME
Earnings
- 3/26/24 - Miss
GME
Sec Filings
- 4/23/24 - Form 144
- 4/19/24 - Form 144
- 4/10/24 - Form 4
- GME's page on the SEC website