GameStop is expected to lose money this year and next year. Sales growth is sluggish as fewer gamers need to go to stores — or even shop online — when they can download new titles directly from their consoles, PCs, phones or tablets. So why are shares of the video game retailer up more than 275% so far in 2021?
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News: What you need to know about the markets | | | | The strange but true reason why GameStop's stock keeps surging | GameStop is expected to lose money this year and next year. Sales growth is sluggish as fewer gamers need to go to stores — or even shop online — when they can download new titles directly from their consoles, PCs, phones or tablets. So why are shares of the video game retailer up more than 275% so far in 2021? Read more » | | AMC's CEO believes his movie theaters will survive through 2021 | Adam Aron is in a surprisingly good mood for a CEO of a struggling theater chain that recently said it might not make it through the winter. Read more » | | Is the stock market in a bubble? The debate is heating up | As stocks hit record highs, Wall Street banks are getting more and more inquiries about whether the boom, which has some parallels to the dot-com era, will result in a similar bust. Read more » | | Apple issues new warning: Keep your iPhone six inches away from your pacemaker | An important heads-up for iPhone owners: Apple is warning customers that its smartphones could interfere with medical devices, including pacemakers. Read more » | | The megarich have already recovered from the pandemic. It may take the poor a decade to so do | Nine months. That's how long it took the world's top 1,000 billionaires to recoup their fortunes after the coronavirus pandemic hit. Read more » | | Budweiser is skipping the Super Bowl for the first time in nearly four decades | Budweiser's Clydesdale horses have become synonymous with the Super Bowl. But this year, they're getting a rest: For the first time in 37 years, the beer company isn't advertising during the Super Bowl. Read more » | | | | | | | |
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| -36.98 | | +92.93 | | +13.89 | 30,960.00 | | 13,635.99 | | 3,855.36 | -0.12% | | +0.69% | | +0.36% | YTD +1.16% | | YTD +5.80% | | YTD +2.64% | | | |
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Biggest Winners | Iron Mountain Inc | +6.50% | | Clorox Co | +4.75% | | J M Smucker Co | +4.11% | | Sempra Energy | +3.72% | | Biggest Losers | TechnipFMC PLC | -5.89% | | Westrock Co | -5.46% | | Nov Inc | -5.29% | | Baker Hughes Co | -5.05% | | | | | |
Hottest ETF | | | NYSE Market Volume | | | | | | |
Key Market Stats | Latest | Today's Change | | Oil | $52.81 | +0.04 / +0.08% | | Gold | $1,855.00 | -0.20 / -0.01% | | 10-yr | 1.04% | -0.05 | | Euro | $1.21 | -0.00 / -0.21% | | |
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