GameStop Corp

A Walmart Inc. logo is displayed on a sign that reads "Everyday Low Price" at a store in Burbank, California, U.S., on Tuesday, Nov. 26, 2019.Patrick T. Fallon | Bloomberg | Getty ImagesShares of retailers including Macy's, American Eagle and Amazon fell Tuesday, a day after Walmart slashed its profit forecast and warned that surging prices for food and gas are squeezing consumers.The big-box retailer, which is the country's largest grocer, said everyday necessities are eating up more of household budgets and leaving…

Shoppers explore a mostly empty mall in Columbus, Ohio.Matthew Hatcher | Getty ImagesDon't expect the stream of departures from retailers' C-suites to stop anytime soon.Already this year, Gap and Bed Bath & Beyond abruptly replaced their CEOs as the companies' sales plunged. GameStop fired its chief financial officer in the middle of the video game retailer's efforts to revamp its business. After sticking around to help Dollar General navigate the pandemic, the company's longtime CEO said he was retiring.As the retail…

NurPhoto | NurPhoto | Getty ImagesGameStop on Monday announced the long-awaited debut of its online marketplace for nonfungible tokens, or NFTs, in a bid to reinvent its business and cash in on consumer adoption of cryptocurrencies and blockchain technology.The platform, which is now open to the public for beta testing, allows users to connect their own digital asset wallets, including the recently launched GameStop Wallet, the company said in a press release. They will then be able to buy, sell and trade NFTs of virtual…

Traders on the floor of the NYSE, July 6, 2022.Source: NYSEHere are the most important news items that investors need to start their trading day:1. Can stocks stay on a winning streak?The S&P 500 has posted gains for four straight trading days heading into Friday's session, offering investors glimmers of hope that equities could be rebounding in earnest after the worst first half for stocks in more than five decades. Futures were mixed before Friday's open on Wall Street. Stocks in the premarket dipped as bond yields…

Check out the companies making headlines before the bell:Levi Strauss (LEVI) – Levi Strauss rallied 3.9% in the premarket after reporting better-than-expected sales and profit for its latest quarter, helped by higher prices and strong demand for its denim offerings. Levi Strauss also raised its quarterly dividend by 20%.GameStop (GME) – GameStop fell 5.6% in premarket trading after the video game retailer fired Chief Financial Officer Mike Recupero and told employees in an internal memo that it is cutting staff, as it…

The Twitter logo and trading information is displayed as a trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 3, 2022.Brendan Mcdermid | ReutersCheck out the companies making headlines in midday trading.Upstart — The consumer lender's shares tumbled 19.7% after the company issued a profit warning saying it will not meet already-reduced financial targets for its second quarter, pointing to a constrained lending marketplace and moves to convert loans to cash. JMP also downgraded the…

A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022.Brendan McDermid | ReutersGameStop said Thursday its Chief Financial Officer, Mike Recupero, is leaving the company and that it will make staff cuts across departments as part of an effort to turn around the videogame retailer and drive growth.CEO Matt Furlong announced the changes in a memo to employees, obtained by CNBC. Shares of the company fell more than 6% in extended trading after…

Check out the companies making headlines before the bell:GameStop (GME) – GameStop rallied 7.8% in the premarket after the videogame retailer declared a 4-for-1 stock split. Trading on a split-adjusted basis will begin on July 22.Seagen (SGEN) – Seagen gained 4.5% in premarket trading after the Wall Street Journal reported that Merck (MRK) is in advanced talks to acquire the biotech company for more than $200 per share, or about $40 billion.Virgin Galactic (SPCE) – The space tourism company's stock rallied 3.7% in…

A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022.Brendan McDermid | ReutersShares of GameStop jumped more than 8% in extended trading Wednesday after the retailer said a 4-for-1 stock split was approved by its board.Shareholders who own the stock at the close of the market on July 18 will get a dividend of three additional shares for each of the company's Class A common stock, the retailer said. The dividend will be distributed after trading…

A pedestrian walks by a Bed Bath and Beyond store in San Francisco, California.Justin Sullivan | Getty ImagesBed Bath & Beyond on Wednesday said it is replacing CEO Mark Tritton as part of a leadership shakeup, after the home goods retailer sharply missed Wall Street's expectations on quarterly earnings and revenue.Shares fell about 13% in premarket trading.The company's board said Sue Gove, an independent director on the board, will step in as interim chief executive. "We must deliver improved results," she said in a…