Hosted on MSN

GameStop’s stock is in play again. This time it’s not a meme thing.

Shares of GameStop Corp. continued their rally Friday, as the videogame retailer is being recognized as a bitcoin play. The stock is up 5.5% in afternoon trading, after running up 10% in the previous session. The gains have not been on company news; rather ...
Morningstar

GameStop may be a bitcoin play, but its stock is sliding on weaker-than-expected first-quarter revenue

Videogame retailer's shares fall more than 4% Wednesday GameStop Corp. shares are down more than 4% Wednesday after the videogame retailer's first-quarter revenue missed Wall Street's expectations, despite a fourth consecutive quarterly profit. The company ...
The Motley Fool

GameStop Has Taken a Page Out of MicroStrategy's Playbook. Can It Save the Struggling Stock?

After it began buying massive amounts of Bitcoin in 2020, MicroStrategy stock has generated some of the best returns in the stock market. GameStop has struggled after its meme stock run in 2021, but it recently began following in MicroStrategy's footsteps.