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The Zacks Gaming industry is likely to be hurt by Trump’s policies, presenting potential challenges for U.S. gambling licensees and stiff competition. However, an increase in Macau gaming revenues, strong...
GME stock tanked after it disclosed a $1.3 billion convertible note offering to fund Bitcoin purchases amid a strategic pivot.
These three stocks are trading near their respective 52-week highs and have catalysts that suggest it's safe for investors to chase them higher
Wedbush said GameStop’s $1.3 billion debt offering might not get enough investor participation.
Shares fell 22% a day after the company said it would raise $1.3 billion by issuing convertible bonds and use the proceeds to buy the cryptocurrency.
GameStop shares plunged Thursday after the company's plans to sell debt to fund purchases of bitcoin raised some questions on Wall Street
Why GameStop (GME) Shares Are Getting Obliterated Today
GameStop isn't out of the weeds but may have signaled the game-changing move that will ensure its long-term survival. Analysts aren't impressed.
Wall Street ended sharply lower on Wednesday, weighed down by tech and auto stocks as uncertainty over impending U.S. tariffs unsettled investors. A report suggesting President Donald Trump may announce...