GME Jul 2024 14.000 call
| Previous close | 20.20 |
| Open | 8.25 |
| Bid | 9.45 |
| Ask | 10.05 |
| Strike | 14.00 |
| Expiry date | 2024-07-19 |
| Day's range | 8.11 - 9.50 |
| Contract range | N/A |
| Volume | |
| Open interest | 835 |
- Yahoo Finance Video
Meme stock frenzy begins to fizzle
Meme stocks have made a return after popular Reddit contributor Keith Gill, also known as "Roaring Kitty," returned to social media. Stocks like GameStop (GME) and AMC Entertainment (AMC) saw a bump in trading but, as of Friday afternoon, are showing signs of fizzling out. Other companies, including small-cap stocks like Faraday Future Intelligent Electric (FFIE) and Greenwave Technology Solutions (GWAV) were caught up in the meme craze, seeing triple-digit percentage gains for the week. Yahoo Finance Reporter Ines Ferré joins Market Domination to break down the movements in meme stocks. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
- Yahoo Finance Video
GameStop sinks on plans to issue more shares, stocks waver to end the week: Yahoo Finance
GameStop (GME) plummeted more than 20% after announcing it may issue up to 45 million additional shares. The video game retailer also released first quarter preliminary results that show a decline in net sales from the same quarter a year ago. Overall, stocks (^DJI,^GSPC, ^IXIC) are relatively flat, but still on track to post weekly gains. Investors next week will start turning their attention to earnings from retailers like Macy’s (M) and Target (TGT) as well as tech giant Nvidia (NVDA). Trending tickers on Yahoo Finance include Reddit (RDDT), Robinhood Markets (HOOD), gold (GC=F), and Take-Two Interactive (TTWO). Top guests today include: 3:05 p.m. ET - Bob Doll, Crossmark Global Investments CEO & CIO 3:40 p.m. ET - Ygal Arounian, Citi Analyst 3:50 p.m. ET - Matt Bryson, Wedbush SVP, Equity Research and William Stein, Truist Securities Managing Director 4:05 p.m. ET - Ryan Kelley, Hennessy Funds CIO and Michael Reid, RBC Capital Markets U.S. Economist 4:30 p.m. ET - Kevin Davis, JLL Hotels & Hospitality Americas CEO
- Yahoo Finance Video
Microsoft's Game Pass is bad news for GameStop investors
GameStop (GME) shares are sliding further as this past week's reinvigorated meme stock trade begins to wane and the retailer files to sell 45 million shares of its additional stock. Wedbush Equity Research Managing Director Michael Pachter comes on Catalysts to talk about GameStop's future — expecting further declines in the stock despite any messaging from X (formerly Twitter) user Roaring Kitty — and what Microsoft's (MSFT) Game Pass service could mean for the video game retailer. "The big news today, which is a Wall Street Journal exclusive speculation that Call of Duty will be on Game Pass," Pachter tells Yahoo Finance. "I can confidently tell you that anybody who's a Game Pass subscriber would be an idiot to buy Call of Duty. they won't. So Call of Duty sales will be lower this year, it wasn't on Game Pass last year." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.
