GameStop

Meme Stock Phenomenon Presents Opportunities for CFOs
Turnarounds

Meme Stock Phenomenon Presents Opportunities for CFOs

What starts out as a “cultish response to a flagging brand” can result in favorable outcomes for the formerly distressed issuer.
By Vincent Ryan | August 19, 2021
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CFOs On the Move: Week Ending June 11
People

CFOs On the Move: Week Ending June 11

Poshmark, GameStop, Shake Shack, Chubb Group, Kinnate Biopharma, NOVA Chemicals, Teradata, May Mobility, Emory Healthcare, IAC
By Lauren Muskett | June 11, 2021
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GameStop Stock Falls On Q1 Results; Hires New CEO, CFO
Financial Performance

GameStop Stock Falls On Q1 Results; Hires New CEO, CFO

The video game retailer hired two Amazon veterans to help it make a push into e-commerce.
By Lauren Muskett | June 10, 2021
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SEC Reviewing Rules for ‘Gamified’ Trading Apps
Risk & Compliance

SEC Reviewing Rules for ‘Gamified’ Trading Apps

“If we don’t address this now, the investing public may shoulder a burden later,” SEC Chairman Gary Gensler says.
By Matthew Heller | May 6, 2021
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GameStop Board to See Mass Departure
Risk & Compliance

GameStop Board to See Mass Departure

Chewy co-founder Ryan Cohen, who owns a 13% stake in the retailer through his RC Ventures, has been pushing for changes at the company.
By Lauren Muskett | March 25, 2021
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GameStop Stock Soars After CFO Resigns
People

GameStop Stock Soars After CFO Resigns

Jim Bell reportedly was forced to resign as part of a push by activist investor Ryan Cohen to "reshape the ailing retailer.”
By Matthew Heller | February 24, 2021
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SEC Sends a Message to Social Media Stock Promoters
Social Media

SEC Sends a Message to Social Media Stock Promoters

Commission suspends trading in an over-the-counter stock, SpectraScience, that is being "pumped" on social media sites.
By Vincent Ryan | February 11, 2021
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SEC Urges Heightened Disclosure During Volatility
Risk & Compliance

SEC Urges Heightened Disclosure During Volatility

Companies should address “the effects of a potential ‘short squeeze’ due to a sudden increase in demand for your stock.”
By Matthew Heller | February 9, 2021
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Robinhood Raises $1B Amid GameStop Firestorm
Credit & Capital

Robinhood Raises $1B Amid GameStop Firestorm

The stock trading app company also accessed $500 million through existing credit lines.
By Lauren Muskett | January 29, 2021
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Could GameStop Short Squeeze Affect the Overall Stock Market?
Credit & Capital

Could GameStop Short Squeeze Affect the Overall Stock Market?

“There’s definitely some excessiveness out there right now, which has some professionals scratching their heads.”
By Lauren Muskett | January 26, 2021
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Massive Short Squeeze Sends GameStop Soaring 80%
Credit & Capital

Massive Short Squeeze Sends GameStop Soaring 80%

The video game retailer reported no major news on Wednesday, suggesting the massive rally in the stock was simply a short squeeze.
By Lauren Muskett | January 14, 2021
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GameStop Shares Drop 29% After Dividend Halt
Financial Performance

GameStop Shares Drop 29% After Dividend Halt

The video game retailer will save about $157 million a year by eliminating the dividend as it struggles with shrinking profits.
By Matthew Heller | June 5, 2019
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GameStop Misses Estimates, Exploring Sale
Financial Performance

GameStop Misses Estimates, Exploring Sale

The retailer believes it can still "leverage our industry-leading position to drive growth in the second half" of the year.
By Matthew Heller | September 7, 2018
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GameStop Hardware Sales Jump 45% in Q4
Financial Performance

GameStop Hardware Sales Jump 45% in Q4

Strong demand for Nintendo Switch, PS4 Pro, and Xbox One X consoles powered the retailer's 12.2% gain in same-store sales.
By Matthew Heller | March 29, 2018
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GameStop Shares Plunge on 13% Sales Decline
Strategy

GameStop Shares Plunge on 13% Sales Decline

The company believes its shift toward non-gaming businesses is paying off and sees "an abundance of business opportunities."
By Matthew Heller | March 24, 2017
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