Shares of GameStop (GME) dropped by a staggering 25.6% to $225.10 at 14:41 EST on Thursday, after three successive sessions in a row of gains. NYSE Composite (GME) is jumping 0.38% to $16,682.73, after three successive sessions in a row of losses. This seems, up to now, a somewhat up trend trading session today.
GameStop’s last close was $302.56, 37.36% under its 52-week high of $483.00.
Today’s last reported volume for GameStop is 15340490 which is 23.72% above its average volume of 12399731.
News about GameStop (GME) today
Meme stocks hit a wall on Thursday with gamestop, AMC and clover down big. According to today’s article on CNBC, "On Thursday, GameStop investors seemed to be running for the exits after the company said it appointed formerAmazonexecutive Matt Furlong as its new CEO. ", "It’s easy come, easy go for many speculative names favored by retail investors including AMC Entertainment and GameStop as they suffered double-digit losses on Thursday, pulling back from their recent explosive rallies. "
The company’s growth estimates for the present quarter and the next is 55.9% and 54.3%, respectively.
Year-on-year quarterly revenue growth declined by 3.3%, now sitting on 5.09B for the twelve trailing months.
GameStop’s last week, last month’s, and last quarter’s current volatility was 0.02%, 2.45%, and 7.21%, respectively.
GameStop’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 8.87% (last week), 7.88% (last month), and 7.21% (last quarter), respectively.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,
GameStop’s stock is considered to be oversold (<=20).
GameStop’s Stock Yearly Top and Bottom Value
GameStop’s stock is valued at $225.10 at 14:41 EST, way under its 52-week high of $483.00 and way above its 52-week low of $3.77.
GameStop’s Moving Average
GameStop’s value is way above its 50-day moving average of $194.45 and way higher than its 200-day moving average of $122.06.
Previous days news about GameStop (GME)
Blackberry, AMC remain top wallstreetbets interests heading into the week, as gamestop lags behind. According to Business Insider on Monday, 7 June, "Clean Energy Fuels Corp (NASDAQ:CLNE) was on the third spot with 343 mentions, while GameStop with 281 mentions took the fourth spot.", "Investors can expect some news out of GameStop as the company is set to report its first-quarter results on Wednesday after market close."
Gamestop doesn't have a blank check after all. According to The Wall Street Journal on Wednesday, 9 June, "But like fellow meme-stock champion AMC Entertainment , GameStop seems to have discovered that individual investor love isn’t a blank check. "
More news about GameStop (GME).