GameStop (GME) Surges: Stock Moves 9.1% Higher
GameStop Corp. GME was a big mover last session, as the company saw its shares rise more than 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $3.94 –$5.03 in the past one-month time frame, witnessed a sharp increase on Friday.
The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
GameStop currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
GameStop Corp. Price
A better-ranked stock in the Retail - Consumer Electronics industry is Aaron’s, Inc AAN, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Just Released: Zacks’ 7 Best Stocks for Today
Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +24.3% per year.
These 7 were selected because of their superior potential for immediate breakout.
See these time-sensitive tickers now >>
Click to get this free report
Aarons, Inc. (AAN): Free Stock Analysis Report
GameStop Corp. (GME): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.