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Track GameStop Corp. in real time with a live news feed covering GameStop Corp. stock news, official press releases, company announcements, and an archive of historical GameStop Corp. news. ...more
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9:16 AM | Friday | Jun 12, 2026
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Meme stocks and crypto stocks possibly provide a nice swing trade opportunity at the moment.
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Meme stocks and crypto stocks possibly provide a nice swing trade opportunity at the moment.
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Shares of Here Group, Zepp Health, Burning Rock Biotech and So-Young International all posted meteoric gains last year, but have given most of that back in 2026
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Meme stocks and crypto stocks possibly provide a nice swing trade opportunity at the moment.
Read full article
Shares of Here Group, Zepp Health, Burning Rock Biotech and So-Young International all posted meteoric gains last year, but have given most of that back in 2026
Read full article
GameStop (NYSE:GME | GME Price Prediction) has reinvented itself into a cash-rich holding company rather than a brick-and-mortar gaming retailer, and the market is still struggling to price what that means.
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The company sold those shares not too long ago, building capital for its next move. Assuming it follows through on the purchases, investors can only be left to wonder what's going on.
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GameStop is rated Strong Buy with a $27.68 12-month price target, driven by record Q1 operating income and robust cash reserves. GME's $8.4B cash position covers most of its market cap, offering significant downside protection and acquisition optionality. Collectibles now comprise 42% of sales, driving margin expansion and repositioning GME away from declining physical games.
GameStop delivered a strong Q1, with net sales up 14% and a major shift toward higher-margin collectibles driving operational profitability. GameStop's $2 billion buyback and cost discipline signal strategic capital allocation, but the company's legacy hardware business continues to decline. GameStop's proposed $55 billion hostile bid for eBay faces major financing and strategic hurdles, making a successful takeover highly unlikely.
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The meme stock reported increasing revenue as its collectibles business creates a reason for people to visit stores.
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Retail investors talked up five hot stocks this week (June 1 to June 5) on X and Reddit's r/WallStreetBets, driven by retail hype, earnings, AI infrastructure momentum, and corporate/geopolitical news flow.
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Shares of GameStop (NYSE:GME | GME Price Prediction) are up 9% to $22.79 on Wednesday morning, snapping back from a brutal stretch after the video game retailer posted its highest quarterly net income on record and approved a fresh $2 billion buyback.
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Stock futures are sluggish after yesterday's record rally while unpack jobs data and Iran developments
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