GameStop Corp
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Consumer Discretionary : Specialty Retail | Small Cap Blend
Company profile

GameStop Corp. is focused on offering games, entertainment products and technology through its stores and e-commerce platforms. It operates through four geographic segments: United States, Canada, Australia, and Europe. It offers a range of products in various categories, which include hardware and accessories, software, and collectibles. It offers new and pre-owned gaming platforms from the various console and personal computer (PC) manufacturers, which include the Sony PlayStation 5, Microsoft Xbox Series X, and the Nintendo Switch. Its accessories consist of controllers, gaming headsets, virtual reality products and memory cards. It also sells a variety of in-game digital currency, digital downloadable content (DLC) and full-game downloads. Its Collectibles consist of apparel, toys, trading cards, gadgets, and other retail products and its digital asset wallet and NFT marketplace activities. Its stores and ecommerce sites operate under the names GameStop, EB Games, and Micromania.

Day's Change
0.22 (1.31%)
B/A Size
Day's High
Day's Low

Today's volume of 452,400 shares is on pace to be much lighter than GME's 10-day average volume of 3,064,726 shares.


GSI Technology stock falls 10% premarket

8:44 am ET May 16, 2023 (MarketWatch)

Shares of small cap GSI Technology Inc. (GSIT), a loss-making semiconductor company that has been attracting meme-like attention, fell 10.1% in premarket trades Tuesday. The stock closed up 4.9% Monday at a new high of $5.34 on trading volume three times higher than the prior 30-day average, FactSet data show. Shares of GSI Technology skyrocketed 210.4% Friday. The stock is up 209% in 2023, outpacing the S&P 500 index's gain of 7.7%. With a market cap of $125.7 million, GSI Technology is relatively small, particularly when compared with meme stock darlings AMC Entertainment Holdings Inc. (AMC) and GameStop Corp. (GME). According to a GSI Technology filing with the SEC Monday, Orin Hirschman, managing member of Maryland-based AIGH Capital Management, has taken an 8.1% stake in the semiconductor specialist. AIGH Capital Management has $271.3 million in managed securities, according to a separate SEC filing Monday. As of March 31, 2023 the majority of AIGH Capital Management's holdings were in healthcare and tech, according to Nasdaq data.

-James Rogers

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(END) Dow Jones Newswires

May 16, 2023 08:44 ET (12:44 GMT)

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