JUMP REPORT
GAMESTOP (GME)
EARNINGS RELEASE - AUGUST 20 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -1.17/share REV: 1,010/M
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NEXT QTR: EPS: -.64/share REV: 1,210/M
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FULL YR: EPS: -1.53/share REV: 5,750/M
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LAST QTR: EPS: -1.27/share ACTUAL: -1.61/share (MISS)
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BEAT/MISS RECORD: 62% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 11.49, 15.41, -20.43
EXPECTED JUMP MOVE THIS QUARTER: 15%
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*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before tradin
Links To Latest News and Headlines
It has been a tough week for the markets. Here are a few hot ticker pages on Yahoo Finance.
Former GameStop Corp (NYSE: GME) employee Trevon Mack prosecuted the video game retail company in a proposed class-action lawsuit for allegedly violating New York Labor Law, the Polygon reports. Mack and his lawyer asserted that GameStop workers qualify as “manual laborers,” suggesting that 25% of their jobs require manual labor, like organizing stockrooms, moving packages, and standing for a long shift. GameStop allegedly pays their workers every other week, violating the New York Labor Law Sec
Yahoo Finance’s Akiko Fujita and Brian Cheung report news that Melvin Capital, the hedge fund that shorted GameStop in 2021, is winding down its funds.
Strong first quarter (Q1) earnings have AMC (AMC) stock momentarily moving upward. A short squeeze potential exists again for AMC stock. The earnings beat is also affecting other meme stock prices. Source: QualityHD / Shutterstock.com If nothing else, AMC Entertainment (NYSE:AMC) stock continues to prove its ability to shock the market. The news this time was that the meme stock managed to report a first-quarter earnings beat. That news had share prices moving higher by more than 5%. That said,
It seems everyone from teen and young adults clothier American Eagle Outfitters (NYSE: AEO) to GameStop (NYSE: GME) and Best Buy (NYSE: BBY) — two stocks that cater to the videogamer set — are in a tailspin today. As of 11:20 a.m. ET, American Eagle stock is losing 6.2%, GameStop’s down 7.2%, and Best Buy is leading the retail sector lower with a 10% loss.
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Avg Daily Volume: 3,523,329 Market Cap: 264.86M
Sector: Services Short Interest: 269.03
Ticker delayed 20 minutes
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by Team Stockjumpers