Bearish Options Activity in GameStop (GME) Targets Downside in Shares Out to Q4 -Susquehanna

Go back to Bearish Options Activity in GameStop (GME) Targets Downside in Shares Out to Q4 -Susquehanna

Bearish Options Sentiment Continues in GameStop (GME) -Susquehanna

May 31, 2017 2:17 PM EDT

Susquehanna options strategist Alison Edwards notes a continuation of bearish options sentiment in GameStop (NYSE: GME), as an opening investor bought 4,000 Oct 23 Puts for $2.75, adding to 7,500 bought yesterday.

... More

GameStop (GME): Terminal Value in Question - Loop Capital

May 26, 2017 7:46 AM EDT

Loop Capital analyst, Anthony Chukumba, reiterated his Buy rating on shares of GameStop (NYSE: GME) after the company reported much better-than-expected 1Q17 results. Net sales increased
3.8% to $2.0B, with comparable store sales up 2.3% (including a 17.1% jump internationally
and a 2.4% decline in the U.S.).... More

Wall St. drifts before long weekend; consumer stocks up

May 26, 2017 7:31 AM EDT

By Caroline Valetkevitch

(Reuters) - U.S. stocks ended little changed on Friday ahead of the long holiday weekend, though indexes ended a two-week streak of losses and consumer shares were strong for a second day.

The S&P 500 and Nasdaq also eked out record closing highs, and the S&P 500 posted a seventh straight session of gains, matching a winning streak from February.

Helping the consumer staples index, Costco Wholesale (NASDAQ: COST) rose 1.8 percent to $177.86 and was among the biggest drivers of the S&P and Nasdaq indexes. The warehouse club operator... More

Mizuho Remains Positive On GameStop (GME), "Buy On Weakness"

May 26, 2017 5:28 AM EDT

Mizuho Securities maintains Buy on GameStop (NYSE: GME) price target of $27.00.

Analyst San Phan says stronger upside potential exists now that the he believes "heavy demand will persist over the next year". He tells clients Friday morning that Nintendo Switch allocations to GameStop... More