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GameStop Corp. ($GME) Stock Forecast: Up 3.2% Today

Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.

What is GameStop Corp.?

GameStop (GME) is a well-known American video game, consumer electronics, and gaming merchandise retailer. The company gained significant attention earlier this year due to a short squeeze orchestrated by retail traders on Reddit's WallStreetBets forum.

Why is GameStop Corp. going up?

GME stock is up 3.2% on Jul 21, 2025 18:25

  • GameStop (GME) showed a strong upward movement today, closing at $23.68 with a +1.98% shift from the previous trading day.
  • The positive market movement could be attributed to GameStop's ability to turn negative situations into positive outcomes, like raising funds for charity.
  • GameStop's CEO, Ryan Cohen, expressed optimism about the company's future strategies, hinting at possible ventures like crypto payments and Bitcoin investments, which may have influenced the positive sentiment.
  • Investors appear to be optimistic about GameStop's outlook, considering the company's strategic changes and the confidence displayed by its CEO as positive signs for future growth.

GME Price Chart

GME Technical Analysis

GME News

GameStop Doesn't Make the Cut in NERD ETF's Big 2025 Run - Roundhill Video Games ETF ( NASDAQ:NERD )

The Roundhill Video Games ETF launched in 2019 and includes more than 20 stocks. Roundhill CEO Dave Mazza shares thoughts on the launch of the Nintendo Switch 2 and a potential handheld competitor. A new wave of value and momentum stocks could be setting up for major moves-and Tim Melvin will ...

https://www.benzinga.com/news/gaming/25/07/46483022/exclusive-video-game-etf-ceo-says-switch-2-is-blockbuster-ea-gains-from-sports-gamestop-doesnt-pass-e

0 News Article Image GameStop Doesn't Make the Cut in NERD ETF's Big 2025 Run - Roundhill Video Games ETF  ( NASDAQ:NERD )

GameStop ( GME ) Laps the Stock Market: Here's Why

In the most recent trading session, GameStop (GME) closed at $23.68, indicating a +1.98% shift from the previous trading day.

https://www.zacks.com/stock/news/2586641/gamestop-gme-laps-the-stock-market-heres-why

1 Missing News Article Image GameStop  ( GME )  Laps the Stock Market: Here's Why

$250,000 For A Stapler? GameStop Turns Blunder Into Big Charity Win - GameStop ( NYSE:GME )

GameStop turned a negative news item into a positive storyline. A look at the famous stapler that was a PR nightmare for GameStop turned into raising funds for charity. Up Next: Get 5 Dark Horse Stocks Wall Street Is Quietly Loading Up On

https://www.benzinga.com/news/gaming/25/07/46455645/250000-for-a-stapler-gamestop-turns-blunder-into-big-charity-win

2 News Article Image $250,000 For A Stapler? GameStop Turns Blunder Into Big Charity Win - GameStop  ( NYSE:GME )

GameStop CEO Is 'Not Scared Of The Short Sellers,' Calls It Un-American To Bet Against Business 'But It's A Free Market' - GameStop ( NYSE:GME )

GameStop CEO Ryan Cohen isn't scared of short sellers years after he was involved in a short squeeze of epic proportions. Cohen lays out some of the future priorities of the company in a recent interview. Up Next: Get 5 Dark Horse Stocks Wall Street Is Quietly Loading Up On

https://www.benzinga.com/trading-ideas/long-ideas/25/07/46448715/gamestop-ceo-is-not-scared-of-the-short-sellers-calls-it-un-american-to-bet-against-busi

3 News Article Image GameStop CEO Is 'Not Scared Of The Short Sellers,' Calls It Un-American To Bet Against Business 'But It's A Free Market' - GameStop  ( NYSE:GME )

GameStop CEO teases crypto payments, says Bitcoin buys are inflation hedge

Ryan Cohen says GameStop's $500 million investment in Bitcoin was to act as a "hedge against inflation and global money printing." ...

https://cointelegraph.com/news/gamestop-teases-crypto-payments-says-bitcoin-investment-inflation-hedge

4 News Article Image GameStop CEO teases crypto payments, says Bitcoin buys are inflation hedge

GameStop Corp. Price History

11.05.2025 - GME Stock was down 5.2%

  • GameStop (GME) stock had a strong bearish movement today, with shares falling sharply.
  • The weak revenue reported in the first quarter, missing analyst estimates, likely contributed to the negative market sentiment.
  • Despite beating earnings per share estimates and adding Bitcoin to its balance sheet, the revenue miss overshadowed these positive aspects.
  • The heightened volatility surrounding GameStop, fueled by factors like a new Bitcoin strategy and excitement around the Nintendo Switch 2, could have intensified the bearish trend in the stock today.

11.05.2025 - GME Stock was down 5.3%

  • GameStop's involvement with Bitcoin and the potential impact on valuation volatility might have influenced investors' negative outlook.
  • Despite surpassing earnings expectations and showing improvements in collectibles sales, missing revenue targets for the first quarter may have disappointed investors.
  • The stock experienced a downward trend in pre-market trading after the earnings release, along with a pessimistic assessment from Wedbush analyst Michael Pachter, contributing to the bearish sentiment.
  • Market sentiment towards GameStop could have also been affected by broader market conditions, such as lower U.S. stock futures and negative movements in other major stocks during pre-market trading.

28.04.2025 - GME Stock was down 5.5%

  • GameStop has made a significant move by acquiring 4,710 Bitcoins valued at over $500 million, signaling a transition towards a crypto treasury approach akin to other major companies.
  • Investor response to this development may have been negative, reflecting uncertainties regarding GameStop's shift to cryptocurrencies and the associated risks.
  • The recent fluctuation in GameStop's stock price, influenced by interest in its crypto venture and Bitcoin's record-breaking performance, could be attributed to profit-taking by investors or doubts regarding the company's long-term direction.
  • The market sentiment towards GameStop appears to be divided, with some investors showing optimism towards its growth prospects in the crypto sector, while others maintain a more cautious stance towards the company's future prospects.

28.04.2025 - GME Stock was down 6.7%

  • Today's downward movement in GameStop's stock could be due to investors taking profits following a recent price surge.
  • GameStop's purchase of 4,710 Bitcoins initially boosted investor confidence, but concerns over uncertainties in the company's cryptocurrency transition may be affecting market sentiment now.
  • The close relationship between GameStop's stock performance and Bitcoin's value indicates significant influence of cryptocurrency trends, intensifying market volatility.
  • Contrasting GameStop with Boyd Gaming, a company focusing on stable casino-based growth, may have also contributed to negative investor sentiment as the market reassesses GameStop's digital shift prospects.

13.05.2025 - GME Stock was down 5.0%

  • GameStop's decision to boost its convertible note offering to $2.25 billion for its Bitcoin strategy seems to have backfired, leading to a lack of investor confidence and a subsequent sell-off in the stock.
  • The introduction of a new GameStop ETF (IGME) has raised concerns among retail traders about market manipulation and potential misuse by institutional players, adding to the negative sentiment surrounding the stock.
  • Skepticism surrounding GameStop's Bitcoin strategy and $1.75 billion debt offering has further contributed to the bearish sentiment, with analysts warning about the distraction from the company's underlying fundamentals.
  • The bearish approach adopted by deep-pocketed investors in the options market towards GameStop indicates a lack of optimism and potential downside risk for the stock in the near term.

21.06.2025 - GME Stock was up 3.2%

  • GameStop (GME) showed a strong upward movement today, closing at $23.68 with a +1.98% shift from the previous trading day.
  • The positive market movement could be attributed to GameStop's ability to turn negative situations into positive outcomes, like raising funds for charity.
  • GameStop's CEO, Ryan Cohen, expressed optimism about the company's future strategies, hinting at possible ventures like crypto payments and Bitcoin investments, which may have influenced the positive sentiment.
  • Investors appear to be optimistic about GameStop's outlook, considering the company's strategic changes and the confidence displayed by its CEO as positive signs for future growth.

22.04.2025 - GME Stock was up 5.7%

  • GameStop (GME) saw a minor decrease in its stock price amidst broader market uptrends.
  • Some investors may have decided to lock in profits following a recent period of bullish performance.
  • The stock's susceptibility to rapid price fluctuations means it can deviate significantly from broader market trends.
  • It is advisable for investors to closely track GameStop's movements for potential investment openings or further price shifts.

22.04.2025 - GME Stock was up 5.1%

  • GameStop (GME) saw significant upward momentum in its stock price today.
  • The surge in GameStop's stock price may be linked to the company's recent decision to incorporate Bitcoin into its treasury assets, coinciding with Bitcoin's peak value.
  • GameStop has shown exceptional growth over the last five years, averaging a yearly return of 93.18%, appealing to investors in search of high yields.
  • Despite the broader market uptrend, GameStop's stock price experienced a minor decline in the last trading session, indicating temporary fluctuations within its overall positive trajectory.

12.05.2025 - GME Stock was down 19.5%

  • GameStop shares plummeted after announcing a $1.75 billion convertible notes offering to potentially buy more Bitcoin, signaling concerns about the company's financial decisions.
  • The surge in GameStop-themed cryptocurrency following the investment plan announcement may have diverted attention from the core retail business, leading to a sell-off in the stock.
  • Analysts caution that GameStop's foray into Bitcoin may introduce more volatility to the company's valuation, dampening investor sentiment and contributing to the bearish market movement.

12.05.2025 - GME Stock was down 23.4%

  • The bearish movement in GME today can be attributed to the announcement of a $1.75 billion convertible notes offering to potentially buy more bitcoin. This move might have raised concerns among investors about the company's financial decisions and potential dilution of shares.
  • The options market also indicated a bearish sentiment towards GameStop, with deep-pocketed investors adopting a negative stance on the stock, which could have further fueled selling pressure.
  • The overall market sentiment, as seen with U.S. stock futures being lower and big stocks like Boeing and Oxford Industries moving lower, likely added to the downward pressure on GME, as investors turned towards more traditional and stable assets amid market uncertainty.

12.05.2025 - GME Stock was down 22.9%

  • GameStop's stock price plunged by 22% following the announcement of a $1.75 billion convertible notes offering to potentially buy more Bitcoin, drawing skepticism from investors.
  • The company's Bitcoin strategy has been met with criticism, with analysts warning that it could distract from GameStop's worsening fundamentals and lack of a clear plan to revive revenue.
  • Deep-pocketed investors have taken a bearish approach towards GameStop, as indicated by significant moves in the options market, reflecting growing concerns about the company's future prospects.
  • The market's reaction to GameStop's latest developments suggests that investors are cautious about the company's strategy and its ability to deliver sustainable growth, leading to the bearish movement in the stock price.

29.04.2025 - GME Stock was down 9.4%

  • GameStop's recent announcement of its first Bitcoin purchase resulted in a stock sell-off, with investors possibly being disappointed by the news or viewing it as a diversion from the company's core operations.
  • Contrasting GameStop with Boyd Gaming, a company in a different sector, emphasizes the different paths of GME, which is embracing digital changes, and BYD, focused on casino-related growth.
  • The market's response to GameStop's Bitcoin move reflects a trend of companies diversifying their cash reserves with cryptocurrencies. However, it appears that investors were not entirely convinced by GME's decision.
  • The notable correlation between GameStop's stock performance and Bitcoin's value indicates the substantial influence of market dynamics and external factors, such as cryptocurrency trends, on the company's stock price fluctuations.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.