GameStop sinks on plans to issue more shares, stocks waver to end the week: Yahoo Finance

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GameStop (GME) plummeted more than 20% after announcing it may issue up to 45 million additional shares. The video game retailer also released first quarter ...

) plummeted more than 20% after announcing it may issue up to 45 million additional shares. The video game retailer also released first quarter preliminary results that show a decline in net sales from the same quarter a year ago. Overall, stocks are relatively flat, but still on track to post weekly gains. Investors next week will start turning their attention to earnings from retailers like Macy’s .

Deep out-of-the-money call options on GameStop stock saw an explosion in trading activity in the week prior to Roaring Kitty's social media return.This growth stock saw shares surge by 35% in the last few weeks on record earnings, but even more growth is on the way. The post The Ultimate Growth Stock to Buy With $1,000 Right Now appeared first on The Motley Fool Canada.

TORONTO — Canadians are continuing to be laid off as part of a wave of job cuts that began in 2023 as companies assessed their operations after the height of the COVID-19 pandemic passed. Tech companies, retailers and more have all begun shedding members of their workforce in a bid to navigate the economic downturn. These are some of the companies which have so far laid off Canadian workers in 2024: BCE Inc.: The Montreal-based telecommunications giant said on Feb.

The term "Coca-Cola Millionaire" exists for a reason. The post 2 Stocks That Could Create Lasting Generational Wealth appeared first on The Motley Fool Canada.Robert McLister: Buyers are sitting on their wallets and it looks like rate cuts are the only thing that will change thatDespite their near-term weakness, these three bargain stocks are excellent buys at these levels. The post 3 Bargains I’d Snatch Up as They Approach 52-Week Lows appeared first on The Motley Fool Canada.

Source: News Formal (newsformal.com)

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