JUMP REPORT
GAMESTOP (GME)
EARNINGS RELEASE - JUNE 9 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -1.27/share REV: 1,070/M
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LAST QTR: EPS: .79/share ACTUAL: 1.27/share (BEAT)
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NEXT QTR: EPS: -1.11/share REV: 931.3/M
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FULL YR: EPS: -.97/Share REV: 5,730/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS RECORD: 64% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 15.41, -20.43, -22.0
EXPECTED JUMP MOVE: 15%
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*** With market volatility at extremes during the coronavirus pandemic there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading.
Links To Latest News and Headlines
In the latest trading session, GameStop (GME) closed at $25.22, marking a +1% move from the previous day.
I’ve seen my fair share of fads come and go. Robinhood (NASDAQ:HOOD), the popular trading app favored by Gen Z and millennial investors, offers many stocks I’d equate to fads. The platform has enabled a new generation to dive into the stock market. However, some of the most hyped-up stocks on Robinhood have underlying businesses that are destined to fail in the long-run. Their outdated business models simply can’t keep up with the rapidly evolving tastes of younger consumers. History has shown t
GameStop (NYSE:GME) seems to be keeping its meme stock status standing. Indeed, with Keith Gill’s influence, this stock has seen incredible surges in recent years. However, investors now appear to be proceeding with caution regarding GameStop stock right now. Gill’s return led to renewed retail interest, but the lack of positive news caused a sharp sell-off in GameStop stock. Many questions remain about the stock’s future direction. GameStop stock is likely to continue falling. Let’s dive into w
GameStop stock was up again on Wednesday, on track to extend its somewhat baffling rally for an eighth straight day. Before Wednesday’s gain, GameStop was already up 63% for the year, powered higher by the return of longtime bull Keith Gill to social media. Gill, known both as Roaring Kitty and DeepF—value, broke a three-year hiatus with a series of cryptic posts on X in May, and revealed in that he holds a sizable stake in the company.
When it comes to meme stock news as of late, Keith Gill has certainly been the driver of most investor attention to this space. Various meme stocks have surged on Roaring Kitty’s involvement in simply noting his trades. Much of this sentiment makes sense when one harkens back to the price action of 2021 and the incredible meme mania we saw then. That said, many top meme stocks have since lost their luster and momentum, falling once again on strong short-seller interest. The question is whether r
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Avg Daily Volume: 4,041,515 Market Cap: 180.48M
Sector: Services Short Interest: 105.46
Ticker delayed 20 minutes
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