Retail Investors Buzz About GameStop, Oracle, Apple, Adobe, and Casey's in Week Ending Sept. 11
Retail investors kept several stocks in focus throughout the week of Sept. 7 to Sept. 11, driven by retail hype, earnings announcements, AI infrastructure momentum, and corporate news flow.
GameStop Corp. (NYSE:GME) reported second-quarter results that beat estimates, with revenue of $790.2 million and adjusted EPS of $0.27. The company also raised its full-year adjusted EBITDA outlook to over $650 million, which was followed by a wave of insider buying.
Despite the positive earnings report, only a few retail investors were bullish on GME's second-quarter results.