Shares of video game retailer GameStop (NYSE:GME)
jumped 5.2% in the afternoon session after famed investor Michael Burry disclosed he had been buying its shares. Burry, known for his depiction in 'The Big Short,' revealed in a Substack post that he had been purchasing GameStop stock as a long-term value investment. This announcement fueled a rally that was already supported by strong insider confidence.
GameStop Corp (NYSE: GME) shares are extending recent strength Monday afternoon after famed investor Michael Burry disclosed he has been buying shares of the video game retailer.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at specialty retail stocks, starting with GameStop (NYSE:GME).
Looking back from the vantage point of January 2026, few events in recent financial history have been as surreal or as transformative as the meme stock "second coming" of May 2024. What began with a single, cryptic social media post from Keith Gill—better known as "Roaring Kitty"—ignited a
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how specialty retail stocks fared in Q3, starting with GameStop (NYSE:GME).
Shares of video game retailer GameStop (NYSE:GME)
jumped 6.3% in the afternoon session after the stock's positive momentum continued as CEO and Chairman Ryan Cohen purchased another large block of shares, marking his second significant buy in two consecutive days. The move continued the stock's rise from the previous session. Regulatory filings revealed Cohen bought 500,000 shares at around $21.60 each, a day after purchasing another 500,000 shares at $21.12 per share. In total, Cohen spent approximately $21.4 million of his own money over the two-day period. These purchases increased his total ownership in the video game retailer to about 9.3% of the company. Investors often see such substantial insider buying as a strong vote of confidence in a company's future from its top leader.
Shares of video game retailer GameStop (NYSE:GME)
jumped 2.4% in the afternoon session after CEO Ryan Cohen disclosed the purchase of an additional 500,000 shares, signaling strong insider confidence in the company's future.
Even if a company is profitable, it doesn’t always mean it’s a great investment.
Some struggle to maintain growth, face looming threats, or fail to reinvest wisely, limiting their future potential.
As of mid-January 2026, the landscape of digital wagering has undergone a fundamental shift. What was once a niche world of political "event contracts" has been swallowed by the behemoth of American sports. Kalshi, the leading CFTC-regulated prediction market, has officially completed its metamorphosis into a financialized sports powerhouse. The catalyst? The late 2025 launch [...]
Over the past six months, GameStop’s stock price fell to $21.00. Shareholders have lost 11.4% of their capital, which is disappointing considering the S&P 500 has climbed by 11.1%. This may have investors wondering how to approach the situation.
