YieldMax GME Option Income Strategy ETF (GMEY.US) Latest News & Headlines | Longbridge

Weekly Recap | GameStop +3.31%, Cohen buying drives the week
Weekly Review·Sep 26 at 06:25 AM
- GameStop shares rose 3.31 % for the week to close at 23.39 dollars, outperforming the S & P 500 by about 2.1 percentage points. - The weekly upward trend was primarily driven by CEO Ryan Cohen purchasing 26.39 million dollars worth of common stock. - Despite the insider buying momentum and high option trading activity, the consensus analyst target price remained at 13.5 dollars with minimal institutional coverage.
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Weekly Recap | GameStop +7.04%, CEO buying leads the week
Weekly Review·Sep 19 at 06:06 AM
- GameStop shares rose 7.04% this week to close at $ 22.64, outperforming the S&P 500 index by 7.12 percentage points amid fluctuating upward trends. - The weekly rally was primarily driven by CEO Cohen increasing his stake with a purchase exceeding $ 20 million, which sparked high options activity and retail interest. - Institutional consensus points to a target price of $ 13.5, indicating a 40.37% discount to the current price and highlighting a divergence between valuation models and market sentiment.
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Weekly Recap | GameStop +10.39%, CEO adds 1m shares
Weekly Review·Sep 12 at 08:17 AM
- GameStop accumulated a 10.39% weekly increase to close at 21.15 dollars, outperforming the S&P 500 index. - The upward trend was driven by record operating income in the second quarter and continuous insider purchases by executives. - Market watchers will focus on upcoming retail sales data and the ongoing performance of the company's collectible sector.
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Weekly Recap | GameStop +7.22%, consensus target sits about 30% below spot
Weekly Review·Sep 5 at 06:55 AM
- GameStop accumulated a 7.22 % weekly gain to close at 19.16 dollars, driven by debt restructuring expectations rather than operational changes. - The company's revised equity offering plans to settle approximately 358.4 million dollars in cash to limit share dilution, boosting market sentiment despite expected lower quarterly sales. - Only one institution currently covers the stock with a consensus target price of 13.50 dollars, while upcoming official earnings are scheduled for September 8.
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