GameStop volatility elevated into Q4 and revenue growth outlook GameStop April put option implied volatility of 49, July is at 43, and October is at 48; compared to its 26-week average of 42 according to Track Data, suggesting large near term price movement into the expected release of Q4 results on March 28.
News For GME From The Last 14 Days
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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.