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Shares of GameStop trading slightly higher Thursday afternoon, The stock is down some 15% of over the past month following a series of recent major debt transactions and acquisition shifts.
Read original at benzingaSandisk has surged over 35-fold from its 52-week low but remains 32% below its June peak after a volatile summer. The article examines historical precedents of similar parabolic moves, finding that stocks like Nvidia and Tesla recovered to new highs when earnings kept growing, while GameStop and Micron never returned to their peaks when profits collapsed. Sandisk's future depends on whether memory pricing and earnings growth can sustain, with current valuations suggesting market skepticism despite company guidance for continued revenue growth.
Read original at the-motley-foolCrude surges above $80 and the 10-year yield hits an August high as an Iran-US deal on the Strait of Hormuz slips away, stalling Wall Street's record run.
Read original at benzingaGameStop considers withdrawing its $56B bid for eBay, shifting focus to a retail location partnership proposal.
Read original at benzinga