U.S. equities gained at midday on Thursday, June 8, 2023, boosted by tech stocks after a greater-than-expected rise in weekly unemployment claims raised speculation the Fed might pause raising interes
GameStop, the king of meme stocks, is eyeing its worst day since 2021, after losing its fifth CEO in just as many years, and turning in a dismal first-quarter report.
GameStop shares plunged after the electronics retailer fired CEO Matthew Furlong and named activist investor and board member Ryan Cohen as executive chair as sales fell.

Weekly Jobless Claims Jump

11:37am, Thursday, 08'th Jun 2023
Weekly Jobless Claims Jump.
GameStop Corp (NYSE:GME) is down 19.3% at $21.09 at last check, after the video game retailer reported wider-than-expected first-quarter losses and a revenue miss.
GameStop (GME) first-quarter fiscal 2023 results reflect a decline in sales due to lower sales from new gaming software releases.
GameStop's volatility is a reminder that investors don't always behave rationally. Katy Kaminski, Chief Research Strategist at AlphaSimplex, spoke with Yahoo Finance anchors Brad Smith and Julie Hyman
“We remain convinced that GameStop is doomed,” one analyst warned after the video game retailer fired its CEO and revealed another quarter of losses.
GameStop plunged 22% on Thursday after the video game retailer fired its CEO and reported a quarterly revenue decline. GameStop had hired its now ex-CEO from Amazon in a bid to turn around the struggl
After firing its CEO, video game retailer GameStop's (NYSE: GME ) stock fell 22% overnight. Matt Furlong, a former Amazon (NASDAQ: AMZN ) executive, was the fifth CEO let go in the last five years.

GameStop's Silence Is No Longer Golden

08:56am, Thursday, 08'th Jun 2023
Weak results and surprise CEO firing call for explanation as Ryan Cohen takes full charge of the company.
During the stock market craze of 2020-2022 kickstarted by the FED's response to the COVID-19 stock market sell-off and economic slowdown, many companies which were able to sell a corporate strategy an
Shares of GameStop are plunging before the opening bell after the company fired CEO Matthew Furlong, the former Amazon executive that was brought in two years ago to turn the struggling video game ret

Why Is GameStop (GME) Stock Down 22% Today?

07:53am, Thursday, 08'th Jun 2023
GameStop (NYSE: GME ) stock is falling on Thursday after the company fired its CEO alongside the release of its earnings report for the first quarter of 2023! GameStop CEO Matthew Furlong has been fir

5 Things to Know Before Markets Open

07:20am, Thursday, 08'th Jun 2023
President Joe Biden vetoed legislation that would block his student loan forgiveness program and GameStop shares dropped after it fired its CEO and elevated Chewy-founder Ryan Cohen to executive chair
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