It's the insiders that know their company the best. And if they're willing to put their money where their mouths are, you may want to pay attention to why.
Perennial meme stock GameStop (GME 1.91%) has taken its shareholders on another roller-coaster ride of volatility so far in 2025. In May, its stock price soared to $35.81, near a 52-week high, but it has since plummeted to under $23 per share.
GameStop's stock dropped after announcing a miss on Q1 revenue and $2.25B in interest-free convertible notes. Its cash and Bitcoin holdings remain substantial. Despite trading at a large premium to net asset value, I see GME's brand as a unique intangible asset for a potential crypto-driven business transformation. Other companies leveraging crypto treasuries have attracted significant NAV prem...
Under the stewardship of CEO Ryan Cohen, GameStop (GME) is looking to rise from the ashes. Cohen himself recently said the company was a "piece of crap" when he took over in the fall of 2023.
In 2020, MicroStrategy (now doing business as Strategy) and its co-founder Michael Saylor embarked on a novel concept. They began using the company's capital to buy Bitcoin, the world's largest cryptocurrency.
Video game retailer GameStop's (GME) business has been struggling for years, as more of the gaming market continues to shift to digital downloads. However, the stock was the subject of massive investor attention during the meme stock frenzy of 2020 and 2021, with a renewed spike in interest last year -- during which the company raised quite a bit of capital.
GRAPEVINE, Texas--(BUSINESS WIRE)--GameStop Corp. (NYSE: GME) (“GameStop”), today announced the pricing of its upsized $2.25 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2032 (the “notes”) in a private offering (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “...
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