GameStop Corp. ($GME) Stock Forecast: Up 5.3% Today

What is GameStop Corp.?

GameStop (GME) has garnered significant attention in the financial markets due to its volatile stock movements propelled by retail investors.

Why is GameStop Corp. going up?

GME stock is up 5.3% on Feb 21, 2025 14:51

• GameStop's CEO, Ryan Cohen, has made a $1 billion investment in Alibaba, signaling optimism towards China's economic growth and reinforcing confidence in Cohen's strategic direction for GameStop.
• GameStop's decision to divest its operations in France and Canada as part of its global asset assessment is viewed favorably by investors, indicating a focus on optimizing operations and consolidating efforts in key markets.
• Positive market sentiment, potentially fueled by Bitcoin's projected price surge to $102,500 as forecasted by Standard Chartered, is boosting investor interest in GameStop and other high-growth opportunities within the digital asset sphere.

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GameStop CEO Ryan Cohen hikes his personal stake in Alibaba to $1 billion, WSJ says

Cohen's sizable stake in Alibaba is a bullish bet on China's economic growth in the long run, The Wall Street Journal said.

https://www.cnbc.com/2025/02/20/gamestop-ceo-ryan-cohen-hikes-his-personal-stake-in-alibaba-to-1-billion-the-wsj-says.html

What's Going On With GameStop Stock Tuesday? - GameStop ( NYSE:GME )

GameStop intends to pursue a sale of its operations in France and Canada as part of its evaluation of its international assets. The news follows speculation from last week sparked by Ryan Cohen's photo with Strategy's Michael Saylor.

https://www.benzinga.com/trading-ideas/movers/25/02/43783044/whats-going-on-with-gamestop-stock-tuesday

'Bad Trump To Good Trump' Means Bitcoin Could Go To $102,500, Standard Chartered Says

'Bad Trump To Good Trump' Means Bitcoin Could Go To $102,500, Standard Chartered Says

https://www.benzinga.com/markets/cryptocurrency/25/02/43735243/bad-trump-to-good-trump-means-bitcoin-could-go-to-102500-standard-chartered-says?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

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GameStop Corp. Price History

07.00.2025 - GME Stock was up 5.5%

• A popular figure, known as Roaring Kitty, shared a Rick James-themed GIF, igniting enthusiasm among retail investors and potentially contributing to the positive movement in GameStop's stock.
• The increase in GameStop's price may be linked to the influence of social media personalities like Roaring Kitty, who hold sway over a large audience and sway retail investors' attitudes.
• By integrating references to iconic figures like Dave Chappelle and Rick James in their content, these influencers could have resonated with the online community, further stimulating interest in purchasing GameStop shares.
• The market response underscores the significant role of social media and retail investor groups in propelling momentum in meme stocks like GameStop, presenting opportunities for rapid and substantial profits in the market.

22.00.2025 - GME Stock was up 5.4%

• GameStop's bullish movement could be attributed to positive sentiment in the retail sector.
• The acquisition news of United Rentals may have boosted investor confidence in the retail industry, including GameStop.
• Strong CPI data and positive upgrades from analysts in related sectors could have also contributed to the bullish movement of GameStop.

21.01.2025 - GME Stock was up 5.3%

• GameStop's CEO, Ryan Cohen, has made a $1 billion investment in Alibaba, signaling optimism towards China's economic growth and reinforcing confidence in Cohen's strategic direction for GameStop.
• GameStop's decision to divest its operations in France and Canada as part of its global asset assessment is viewed favorably by investors, indicating a focus on optimizing operations and consolidating efforts in key markets.
• Positive market sentiment, potentially fueled by Bitcoin's projected price surge to $102,500 as forecasted by Standard Chartered, is boosting investor interest in GameStop and other high-growth opportunities within the digital asset sphere.

19.11.2024 - GME Stock was down 5.2%

• Despite significant investors taking a bullish stance on GameStop, the stock saw strong bearish movement today.
• The high-profile investors with a bearish approach towards GameStop may have impacted the stock's decline.
• Varied investor sentiments likely led to stock price volatility, resulting in today's bearish movement.

15.00.2025 - GME Stock was down 6.7%

• Speculations around quantum computing stocks and concerns regarding Super Micro Computer Inc. may have shifted investor focus away from GameStop, potentially influencing the bearish trend.
• Market uncertainty might have arisen due to expectations of a forthcoming public relations initiative by GameStop, further contributing to the bearish movement.
• Despite a 13.8% increase post the last earnings report, the absence of identifiable positive catalysts or major developments could have triggered profit-taking behavior, exerting downward pressure on the stock.

14.00.2025 - GME Stock was down 5.4%

• Today's bearish movement in GME possibly stems from unusual options activity pointing towards a predominantly bearish investor sentiment.
• Concerns have arisen among some investors due to the lack of recent earnings conference calls and a potential upcoming PR campaign, potentially influencing the bearish stance on the stock.
• While there is long-term potential, as highlighted by historical returns on a $1000 GameStop investment a decade ago, the current stock movement appears to be more influenced by short-term market dynamics and investor sentiment.

23.00.2025 - GME Stock was up 5.1%

• GME experienced a strong bullish movement fueled by retail traders' interest in a new social media post from meme stock trader Keith Gill, also known as "Roaring Kitty."
• The continued hype and attention from retail investors on social media platforms like Reddit's WallStreetBets may have contributed to the surge in GME's stock price.
• The influence of individual investors banding together to drive up the stock price showcases the power of collective action in the stock market, creating significant volatility in certain stocks like GME.

14.01.2025 - GME Stock was up 5.2%

• GameStop's stock surged over 8% in pre-market trading following reports of the company's potential investments in bitcoin and other cryptocurrencies.
• The news of GameStop considering investing in bitcoin was met with mixed reactions, with some viewing it as a bold move to stay relevant in the market.
• The GameStop-themed cryptocurrency market also saw a rally, possibly fueled by the intrigue surrounding CEO Ryan Cohen's photo with bitcoin bull Michael Saylor.
• Overall, GameStop's bullish movement today can be attributed to the positive market sentiment towards the company's exploration of alternative asset classes, particularly cryptocurrencies, despite some skepticism from renowned economists like Peter Schiff.

14.01.2025 - GME Stock was up 6.1%

• GameStop's stock rose over 8% in pre-market trading due to rumors of the company's interest in investing in bitcoin and other cryptocurrencies.
• A prominent economist criticized GameStop's potential move to invest in Bitcoin, suggesting it was a bid for relevance, which may have stirred market excitement.
• Speculation regarding GameStop's potential cryptocurrency investments, especially in bitcoin, generated investor interest and boosted the stock's performance.
• The positive investor sentiment was boosted by GameStop CEO Ryan Cohen being pictured with Strategy's Michael Saylor, intensifying speculation and excitement among investors.

10.01.2025 - GME Stock was up 6.5%

• GameStop's stock surged after CEO Ryan Cohen posted a picture with Michael Saylor, sparking speculation about the company's potential new strategies in the crypto space.
• The previous push by GameStop into the crypto space with the launch of crypto wallets may have contributed to the positive market sentiment.
• The increasing interest in cryptocurrencies, as highlighted by Missouri and Kentucky joining the Bitcoin reserve race, could have further fueled investors' optimism towards GameStop's crypto-related initiatives.
• Overall, GameStop's bullish movement today seems to be driven by the company's potential expansion and innovation in the crypto space, as well as the broader positive sentiment surrounding cryptocurrencies.

10.01.2025 - GME Stock was up 5.1%

• Speculation about a potential new cryptocurrency strategy linked to a shared photo by Ryan Cohen and Michael Saylor may have contributed to the positive movement in GameStop's stock.
• Growing interest in cryptocurrencies, exemplified by Missouri and Kentucky entering the Bitcoin reserve competition, could have also played a role in the stock's upward movement.
• While some major investors have taken bearish positions on GameStop, the current bullish sentiment appears to be predominantly driven by retail traders, possibly influenced by the speculation around cryptocurrency and general market trends.

11.01.2025 - GME Stock was up 5.5%

• Strong bullish movement in GME followed a notable photo featuring GameStop CEO Ryan Cohen and Bitcoin advocate Michael Saylor, sparking discussions about a potential crypto strategy for the company.
• The recent surge in GME stock can be linked to the revived interest in its crypto-related endeavors, particularly its previous initiatives in crypto wallets.
• The connection between GameStop and cryptocurrencies, coupled with the overall market enthusiasm for digital assets, likely contributed to the positive performance of GME shares.