The latest from the video game giant shows how institutional investors are buying into the meme stock.
News & Analysis: GameStop
The company took the opportunity to add capital while shares of the meme stock remain elevated.
One word: leverage.
Reddit and WallStreetBets send mixed signals to traders.
At the right price, the video game retailer's stock could just be a buy.
This company faces an uphill climb to turning things around.
Software has always been the centerpiece of GameStop's business, and software sales have plunged by 46% over the past two years.
The video game retailer has now fallen sharply in 10 of the past 11 quarters the day after it reports earnings.
The struggling video game retailer didn't offer investors many new details about its turnaround plans in its fiscal first-quarter report.
The executive suite is filled with the e-commerce giant's veterans who are helping transform the company into the "Amazon of gaming."