GameStop $GME-0.8%
Hello investors, yesterday $GME-0.8% reported its results.
Results :
Revenue : $1.24 billion, expected : $1.34 billion
Earnings per share : -$0.14, expected : -$0.17
GameStop Corp.
GMEIn addition, the Board of Directors also elected Ryan Cohen as Executive Chairman, effective immediately. The Board of Directors additionally appointed Mark Robinson as GameStop's Chief Executive Officer and Chief Operating Officer.
I wouldn't buy shares of this company, but the history and overall development of this company is interesting.
If anyone is more interested in this company and would like to know the history and evolution of the company, I would recommend the documentary on GameStop : Eat The Rich: The Gamestop Saga.
How do you feel about this company and what is your opinion of it ?
I've seen a documentary on Netflix with this company (I don't remember the name so I don't know if that's it), but I wouldn't go for it either, although maybe the gaming industry like $ATVI+0.1% or $EA-0.3% might not be bad. But the documentary was about a demonstration of price manipulation so that seems risky to me.
An interesting company for its story, not so much for investment...
The results were worse, the stock reacted appropriately. It is down more than 17%. This company is almost bankrupt and its stock is pure speculation.
The documentary was enough for me, I don't want anything more with the company 😄
I'll look at the results out of curiosity, but investment-wise it's not for me.