GameStop falls below its 10-day moving average, levels to watch The shares are down over 6% at time of writing, testing lows of the prior week. At the current price of $24.08, next support would be at $23.36. Resistance is at $24.62.
News For GME From The Last 14 Days
Check below for free stories on GME the last two weeks.
GameStop estimates lowered on holiday discounts at BofA/Merrill BofA/Merrill lowered its Q4 estimates for GameStop citing a greater than expected holiday promotional environment. The firm cut its price target for shares to $59 from $69 but keeps a Buy rating on the name.