JimmyHua
03-26

$GameStop(GME)$

GameStop’s surprising EPS beat and 10% surge signal renewed momentum for the meme stock giant. Improved cost controls and stronger margins suggest the company’s turnaround efforts are gaining traction. Rising interest from retail traders could fuel further upside, as sentiment plays a key role with GME. Additionally, management’s focus on e-commerce and strategic partnerships may drive long-term growth. While risks remain, the earnings beat could mark the beginning of a bullish comeback for GME.

GME EPS Beats & Soars 10%! Bullish Meme Giant Comeback?
Video game retailer GameStop fell short of the market’s revenue expectations in Q4 CY2024. Its non-GAAP profit of $0.30 per share was significantly above analysts’ consensus estimates. Q4 revenue was $1.28 billion, a 28% year-over-year decline. The company has also announced its BTC reserves, joining MSTR's ranks.
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