GameStop

GameStop

2026-09-09 07:13:31

GameStop slips 1.41% as WEEX Labs points to revenue pressure and equity concerns

GameStop shares closed down 1.41% at $18.89 on Sept. 9, according to WEEX TradFi market data. The move came even as the company’s latest Q2 results showed adjusted EPS of $0.27, revenue of $790.2 million, a 57% year-over-year increase in collectibles sales, and operating profit reaching a record $160.2 million. GameStop also raised its adjusted EBITDA outlook for fiscal 2026 to more than $650 million. WEEX Labs said the stock’s weaker tone reflected two overhangs: core revenue is still falling at a double-digit rate from a year earlier, suggesting that the shift from traditional retail to digital has yet to deliver a fundamental breakthrough, while expectations tied to equity swaps and possible follow-on fundraising have also weighed on bullish positioning. In a separate earnings watch, AeroVironment is set to report FY27 Q1 results after the bell, with market expectations at roughly $0.22 in EPS and about $468 million in revenue.

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WEEX Labs

2026-09-09 06:20:35

WEEX Labs says GameStop slipped after earnings beat, with AeroVironment due after the bell

GameStop shares fell 1.41% to $18.89 on Sept. 9 despite posting stronger quarterly figures, according to WEEX TradFi market data cited by Odaily. The company’s latest Q2 results showed adjusted EPS of $0.27, revenue of $790.2 million, a 57% year-over-year increase in collectibles sales, and operating profit of $160.2 million, a record high. It also raised adjusted EBITDA guidance for fiscal 2026 to more than $650 million. WEEX Labs said the stock’s weak price action reflected two pressures. First, core revenue still showed a double-digit decline from a year earlier, suggesting the legacy retail business has yet to achieve a fundamental breakthrough in its digital transition. Second, expectations around equity swaps and possible follow-on fundraising weighed on bullish sentiment. The note also highlighted AeroVironment, which is scheduled to report fiscal 2027 first-quarter results after the market close today. Market expectations are for EPS of about $0.22 and revenue of about $468 million. WEEX Labs said the stock’s next move will depend on drone order ramp-up, gross margin performance, and whether warehousing and delivery guidance is met.

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Robinhood

2026-09-07 12:47:29

Robinhood Chain’s stock-token meme trades can move prices, but not sustain a GameStop-style squeeze

A long-form market analysis by IOSG researcher Mario Chow argues that the recent wave of meme coins priced in tokenized equities on Robinhood Chain can send real buying pressure into U.S. stocks, but the mechanism breaks before it becomes a self-feeding short squeeze. Using AMC, Hims & Hers and Nvidia-linked examples, the report says on-chain demand can quickly push tokenized prices far above fair value, prompting authorized participants to buy real shares, place them into custody and mint more stock tokens. That transmission is real: in the AMC episode, the issuing agent reportedly bought and custodied about $7.6 million worth of real AMC shares over a weekend, accounting for as much as 7.6% of premarket volume during the busiest stretch. The same mechanism also caps the trade. According to the report, tokenized AMC supply expanded from 152,106 shares to 2,895,758 shares within 72 hours, while tokenized Hims rose from 468 shares to 130,876 shares over a longer span. In Chow’s framing, GameStop worked in 2021 because float was fixed and shorts could not create more stock to return; on Robinhood Chain, the float is effectively elastic because supply can be minted against newly purchased underlying shares. The report concludes that what traders are often buying is not durable equity exposure or a true short-squeeze setup, but corporate attention. It also identifies a different weak point: weekends, holidays and fake quote assets, when token supply cannot be expanded immediately and on-chain dislocations can widen sharply.

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BNB Chain

2026-08-30 10:27:55

Meme Coins Paired With Tokenized GameStop Stock See $2.2M Daily Volume on BNB Chain

A PancakeSwap pool pairing the memestock meme coin with Binance's tokenized GameStop stock (GMEB) has drawn over $2.2 million in total 24-hour volume across at least 10 meme coins using GMEB as the quote asset. Created on Aug 12, the pool holds more than $200,000 in liquidity and saw $543,000 in single-day trading. On-chain GMEB supply stands at 292,353 tokens worth roughly $5.3 million, just 0.07% of GameStop's market cap. Trader Schoen says he hopes to see meme coins paired with tokenized stocks of smaller companies.

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UTILITY

2026-08-14 05:14:54

UTILITY falls back to $7.3 million market cap as 24-hour gain narrows to 18.5x

UTILITY, a stock-themed meme token tied to Binance Wallet trading narratives, pulled back to a $7.3 million market capitalization on Aug. 14, according to GMGN market data. Its 24-hour gain narrowed to 18.5x, while trading volume reached $20.3 million. The token had briefly climbed above the $10 million market-cap mark the night before. The move came as bStocks recirculated an old Jan. 30 post from Changpeng Zhao, or CZ, in which he said GME should issue a utility token on-chain, preferably on BSC. On the same day, bStocks said GMEB, described as the bStocks version of GameStop tokenized stock, is now trading on the platform. BlockBeats noted that UTILITY trades against GMEB rather than more standard liquidity pairings such as BNB or USDT. It described the setup as part of a popular "stock meme" trend on BSC, where tokenized U.S. equities from bStocks are used as the base pool asset. In this case, the pairing leans on the long-running GameStop retail-versus-Wall Street meme stock narrative. BlockBeats also warned that meme tokens often lack practical use cases and can see sharp price swings.

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bStocks

2026-08-13 08:24:52

bStocks recirculates CZ’s earlier GME token comment as GMEB trading goes live

bStocks has reposted an earlier comment from Binance founder Changpeng Zhao, or CZ, about GameStop. In the remark, which dates back to 2021, CZ said GameStop, known by its ticker GME, should issue a utility token on the blockchain and added that he hoped it would be on BSC. The repost came at the same time that GameStop tokenized stock GMEB went live for trading on bStocks. The update links CZ’s past view on blockchain-based token issuance with the current launch of a tokenized GameStop trading product on the platform. No additional details on trading volumes, pricing, or product structure were disclosed in the brief.

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Binance

2026-08-12 03:38:54

Binance to List GameStop bStocks Trading Pair on Aug 12, Enables Algo Trading

Binance will list the bStocks tokenized security GameStop (GMEB) trading pair at 20:00 (UTC+8) on August 12, 2026, according to an official announcement reported by BlockBeats. The exchange will also enable spot algorithmic trading bots for the pair.

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GameStop

2026-08-03 11:55:43

GameStop swaps $1.4 billion of convertible notes for Class A shares

GameStop has reached an agreement with certain noteholders to exchange about $1.4 billion in convertible senior notes for Class A common stock, cutting its long-term debt by the same amount. The deal covers roughly $400 million of notes due in 2030 and about $1 billion of zero-coupon bonds due in 2032. While the exchange reduces leverage, it will dilute existing shareholders. According to CryptoBriefing, GameStop had previously raised funds through convertible debt offerings, with part of the proceeds used to buy Bitcoin as a treasury reserve asset. That approach puts the company alongside firms such as MicroStrategy that have added Bitcoin to their balance sheets. The transaction centers on balance-sheet restructuring, while also keeping GameStop tied to the growing corporate Bitcoin treasury theme.

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