Why the stock market is obsessed with Gamestop

Published

3 years ago

April 28, 2021

Anthony Lucas

The love from Reddit fans has meant good news for an American video gaming retailer.

GameStop shares have gone ballistic this year, soaring more than 800 percent.

GameStop has cashed in with a sale of more than $550 million US dollars in stock.

Shares in the retailer rose about 7 per cent Tuesday on the news of the stock sale.

The company announced earlier this month that it planned to sell as much as 3.5 million shares.

Warner Brothers & Discovery considers splitting up to boost stock value

Published

1 week ago

July 19, 2024

ticker NEWS

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

1 week ago

July 18, 2024

ticker NEWS

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

Money

Netflix expands use of ads despite slow subscriber growth

Published

1 week ago

July 18, 2024

ticker NEWS

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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Why the stock market is obsessed with Gamestop

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Money

Warner Brothers & Discovery considers splitting up to boost stock value

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Money

Netflix expands use of ads despite slow subscriber growth

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

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