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Nalezeno "meme stock": 57

GameStop Keeps Finding New Ways To Rip People Off

2.11.2023
Things have been bad at retail chain GameStop for a while now but somehow they’re about to get even worse. Employee benefits are on the chopping block heading into next year as the gaming retailer doubles-down on cost-cutting despite holding $1 billion in cash reserves thanks to its earlier meme...

GameStock Fires CEO As Meme Stock Plummets

7.6.2023
GameStop has terminated CEO Matt Furlong and announced that meme stock investor and SuperStonk cult-hero, Ryan Cohen, will take over as Executive Chairman. The famous brick-and-mortar gaming retailer’s stock price proceeded to drop over 15 percent in after-hours trading. Read more

GameStop Overhauling Rewards Program, Raising Price By $10

22.5.2023
GameStop’s customer loyalty program is getting a huge makeover in June, according to screenshots of internal corporate training materials shared with Kotaku. The existing PowerUp Rewards membership will see its name changed to GameStop Pro, with the price going up from $15 a year to $25 in exchange...

The Steam Card Scams That Keep Some GameStop Employees Up At Night

30.3.2023
Someone walks into a GameStop and asks where the gift cards are. They proceed to buy a bunch of them. Not just $40, or $80, but hundreds of dollars worth of Steam cards, Razer Gold, or some other gaming currency. They don’t look like someone who’s kneed deep in the seedy underworld...

GameStop Profitable For First Time In Years Even As Everything Seems On Fire

22.3.2023
GameStop shocked investors, and anyone else who’s been paying attention to the meme stock video game retailer, when earlier this week it reported its first profitable quarter in over two years. It’s all the more surprising considering that everything else about the business, from botched pre-orders...

GameStop Meme Stock Movie Dumb Money Out Later This Year

13.3.2023
GameStop’s Hollywood moment is finally coming this October. Sony announced its dramatization of the video game retailer’s meme stock explosion will hit theaters in October, starring Paul Dano, Seth Rogen, Pete Davidson and more. It’s called Dumb Money. I hope it lives up to it.Read more

GameStop Offers $5,000 Reward To Stop PS5 Crime Spree

23.2.2023
The good thing about the PlayStation 5 shortage being over now is that people who want the consoles can finally buy them. The bad news is that it’s also apparently led to an uptick in GameStop robberies as thieves target the pricey and easy-to-flip consoles. GameStop’s answer? A $5,000 reward...

GameStop Employee Explains What Made Her Close A Store And Never Come Back

17.2.2023
Taylor Neubert did what so many GameStop employees have only dreamed about: quit on the spot. Fed up with working 10-hour days all by herself between piles of video games and stacks of Pokémon merchandize for less than $15 an hour, she closed her store in the middle of her shift, put a sign on...

Reddit Sued Over Forum That Launched GameStop Meme Stock Mania

16.2.2023
In early 2021, the subreddit WallStreetBets became famous for jumpstarting the meme stock craze that saw companies like GameStop balloon in value despite shrinking revenues. Now its founder, Jaime Rogozinski, is suing Reddit for kicking him out of the community just prior to its explosion...

GameStop Manager Fired After $5,000 PS5 Robbery

2.2.2023
Only one person was on shift at the GameStop in Easton, PA when two men tried to rob it last month. Outnumbered and told to put their hands up, the employee backed off as the thieves unloaded $5,000 worth of PlayStation 5s from the back room. A week later, GameStop allegedly fired the 13-year...

Top Gaming Influencer Group FaZe Clan Is Now A Penny Stock

31.1.2023
When FaZe Clan, an esports company turned gaming lifestyle agency, went public last year it claimed to be worth $700 million. Just six months later it’s worth just a fraction of that. Whether it’s the controversy constantly swirling around some of its members or the fact that the esports bubble...

GameStop Gets Into Holiday Spirit With More Layoffs

5.12.2022
In the spirit of Christmas and the ruthless pursuit of meme stock shareholder value, GameStop carried out its latest round of layoffs on Monday ahead of its new earnings report, which is due out later this week. The cuts reportedly hit staff working on the company’s crypto push, as well as a number...

GameStop Pre-Orders Are A Mess Right Now, Staff Say

30.9.2022
“Is there anything you want to pre-order?” Almost nobody walks in and out of a GameStop without hearing those words. Employees are measured against how many pre-orders they can rack up while GameStop rakes in the cash months ahead of a game’s actual release. But lately, the strategy has been...

GameStop Rewards Employees For Sticking Around With 50-Cent Raise

14.9.2022
Last month, GameStop announced new stock bonuses for store managers and hourly raises for other employees. It seemed like some relief was finally coming for the staff, who have been through so much these last few years, all while watching investors profit off unprecedented meme stock hijinks. Over...

GameStop Will Start Paying Some Employees With Meme Stock

25.8.2022
GameStop, a very coherent and logical company that sells physical video games but also fluffy toys, worthless NFTs and the promise of a get-rich-quick scheme, just announced an “improved compensation” scheme for the most senior employees of its bricks-and-mortar video game stores.Read more

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