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Stock Market & Financial Investment News

News Breaks
May 23, 2014
10:22 EDTGMEGameStop rises after results but hits resistance, levels to watch
The shares are up over 4.3% to $38.47 following earnings. The session high at $39.53 is currently resistance. That session high is also at an important technical juncture at the $40 area. That area is one that has remained resistance only briefly overcome since the sharp decline in price back in mid-January. Until the shares can make it above that level and re-establish a bullish trend, price will remain range bound between $40 at the high and $35 at the low.
News For GME From The Last 14 Days
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October 30, 2014
06:02 EDTGMEStocks with implied volatility above IV index mean; GME GMCR
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October 29, 2014
06:06 EDTGMEGameStop implied volatility of 52 at upper end of index mean range
October 28, 2014
11:44 EDTGMEGameStop weakness on Wal-Mart news a buying opportunity, says Piper Jaffray
Piper Jaffray believes the impact of Wal-Mart (WMT) on GameStop's (GME) used business will be immaterial and views today's pullback as a buying opportunity. Piper notes that the entrance of Wal-Mart into any market should not be taken lightly, but other retailers have tried and failed before to enter the used game business and that Wal-Mart's entry actually refutes the bear thesis on GameStop that the used game business is not attractive. The firm maintains its Overweight rating and $53 price target on GameStop.
10:27 EDTGMEGameStop retreats after Wal-Mart begins selling used video games
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09:08 EDTGMEWal-Mart says 1,700 stores selling pre-owned video games
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October 24, 2014
12:30 EDTGMEGameStop November calls active
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October 17, 2014
09:00 EDTGMEGameStop management to meet with SunTrust
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05:39 EDTGMESeptember NPD video game software sales fell 36%, says Piper Jaffray
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