Gamestop Corporation (GME) Shares are Down -9.39%

Gamestop Corporation (GME) : During the past 4 weeks, traders have been relatively bearish on Gamestop Corporation (GME), hence the stock is down -6.95% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -8.8% relative to the S&P 500. The 4-week change in the price of the stock is -7.14% and the stock has fallen -9.39% in the past 1 week.

For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 6.68% and the fifty day Moving Average is 1.34%. GameStop Corp. is up 1.1% in the last three month period. Year-to-Date the stock performance stands at 5.03%.

Gamestop Corporation (GME) : The most positive equity analysts on Gamestop Corporation (GME) expects the shares to touch $41, whereas, the least positive believes that the stock will trade at $26 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $35.59 with an expected fluctuation of $4.53 from the mean.


Gamestop Corporation (NYSE:GME): On Fridays trading session , Opening price of the stock was $30.22 with an intraday high of $30.51. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $28.69. However, the stock managed to close at $28.74, a loss of 10.63% for the day. On the previous day, the stock had closed at $32.16. The total traded volume of the day was 14,493,353 shares.

GameStop Corp. is a multichannel video game, consumer electronics and wireless services retailer. The Company operates its business in four Video Game Brands segments: United States, Canada, Australia and Europe, and a Technology Brands segment. The Video Game Brands segments include 6,206 stores, 4,138 of which are included in the United States segment. There are 331, 421, and 1,316 stores in the Canadian, Australian and European segments, respectively. Each of the Video Game Brands segments consists primarily of retail operations, with all stores engaged in the sale of video game systems, software and accessories. Its Video Game Brands stores sell various types of digital products, including downloadable content, network points cards and prepaid digital, among others. They also carry mobile and consumer electronics products, which consist primarily of mobile devices, tablets and related accessories. Its Technology Brands segment includes its Spring Mobile and Simply Mac businesses.

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