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GameStop Options Activity Builds as Traders Position for the Q3 Earnings Swing

Investing.com Logo Investing.com By Timothy Fries
GameStop Options Activity Builds as Traders Position for the Q3 Earnings Swing

GameStop is experiencing premarket trading momentum ahead of its Q3 earnings report, with significant options activity and bullish sentiment. Analysts project earnings of $0.20 per share and revenue of $987.3 million, representing a potential 15% year-over-year increase.

Insights
GME   neutral

Mixed financial indicators with strong cash reserves ($8.7B) but declining three-year revenue growth, suggesting cautious optimism about future performance