Search Results for: games

By Kuldip K. Ambastha GameStop Corporation (GME), a video game retailer, had an up-and-down trading week for its stock with three negative daily returns and one positive daily return. (Monday, July 4, 2022 was an American holiday – Independence Day / Fourth of July – and thus not a trading day.) (See past coverage if …

Continue reading “What Caught Our Attention in the Investment World? – Week of July 5-8, 2022”

By Kuldip K. Ambastha On Monday, January 10, 2022, Take-Two Interactive Software, Inc. (TTWO) shares dropped by -13.1% for the trading day, while Zynga Inc. (ZNGA) shares increased by +40.7% instead. Take-Two Interactive will be buying Zynga at a 64% premium, for $12.7 billion. Take-Two Interactive is well-known for the console-based Grand Theft Auto series …

Continue reading “What Caught Our Attention in the Investment World? – Week of January 10-14, 2022”

By Kuldip K. Ambastha On Monday, June 14, 2021, the stock of Corsair Gaming, Inc. (CRSR) had a +11.2% gain for the trading day. Why? Corsair Gaming is a new meme stock being followed closely by people on Reddit’s r/WallStreetBets and other online platforms. Corsair Gaming provides high-performance hardware equipment for videogame players and content …

Continue reading “What Caught Our Attention in the Investment World? – Week of June 14-18, 2021”

By Kuldip K. Ambastha Roblox Corporation (RBLX) went public in this past trading week through a direct listing on the New York Stock Exchange (NYSE). Roblox is an online gaming and entertainment platform which brings people together over shared interests. The stock’s reference price for the direct listing was $45.00. On Wednesday, March 10, 2021, …

Continue reading “What Caught Our Attention in the Investment World? – Week of March 8-12, 2021”

By Kuldip K. Ambastha During this past trading week, retail investors focused on the iShares Silver Trust ETF (SLV). The silver market is huge in market size, highly liquid, and worldwide (trading can happen for 23 hours of any given trading day). During the last trading week (What Caught Our Attention in the Investment World? …

Continue reading “What Caught Our Attention in the Investment World? – Week of February 1-5, 2021”

By Kuldip K. Ambastha GameStop Corporation (GME), a video game retailer, caught everyone’s attention in this past trading week. Retail investors were bullish about the stock, while institutional investors were bearish about the stock. Like many companies, GameStop has struggled due to the coronavirus pandemic, which led several institutional investors to short the stock. Retail …

Continue reading “What Caught Our Attention in the Investment World? – Week of January 25-29, 2021”