Anchor Brief — GME Market Desk

GME NYSE GameStop Corporation USD

Session Snapshot

$18.89

-0.27 (-1.41%)

Larry Cheng (~$1.0M) buys 55k GME on Q2 day; tape closes $18.89 (−1.4%). Full IR still the Q2 print.

Day Range 22%

$18.72 — $19.50

52-Week Range 11%

$17.79 — $28.10

Volume

10.01M 10,013,393 shares

Previous Close

$19.16 -0.27 vs close

Data Feeds

Snapshot 22:00 Yahoo Finance

1M Price Action 10 Aug — 8 Sept

$18.89 +0.10 (+0.53%) Low $17.87 · High $19.23

Analyst Desk Stance mixed

Director Cheng Capital LLC adds 55k shares at ~$18.80 the same session Q2 lands and the stock softens — bullish insider signal against a softer tape. Not advice.

Investor Relations

Earnings

Figures from GameStop IR releases. Comparison charts toggle YoY / QoQ when both are present.

2026-09-08 GameStop IR — Q2 2026 Results FY26 adj. EBITDA > $650M · prior $600M

Q2 FY2026 vs Q2 FY2025

Q2'25Q2'26

Net sales -18.7%

Q2'25

$972.2M

Q2'26

$790.2M

Collectibles sales +56.5%

Q2'25

$227.6M

Q2'26

$356.3M

Operating income +141%

Q2'25

$66.4M

Q2'26

$160.2M

Net income +77.2%

Q2'25

$168.6M

Q2'26

$298.7M

Adjusted EBITDA +130%

Q2'25

$75.7M

Q2'26

$174M

Q2'26 sales mix

Collectibles

45.1%

Video Games

33.3%

Pre-Owned and Refurbished

21.6%

Video Games 33.3% and Pre-Owned 21.6% from IR sales-mix table (Collectibles 45.1% stated in highlights).

Market Intelligence

Intelligence & Filings

3 briefs

Lead

GME
Markets

Larry Cheng buys ~$1.0M GME (55k) on Q2 day

A GameStop Insider Buys Company Shares Worth $1 Million on the Day the Retailer Reported Earnings — Motley Fool

Motley Fool / Form 4 (8 Sep): director Lawrence Cheng via Cheng Capital LLC buys 55,000 Class A shares at weighted avg $18.80 (~$1.0M). Motley Fool
Post-trade indirect holdings: 143,000 shares (from 88,000) — ~62% add to prior stake; ownership ~0.0319%. Motley Fool
Stocktwits: same session after Q2 IR; average price cited $18.7992; tape closes $18.89 (−1.4% vs Fri $19.16). Stocktwits Yahoo Finance

Why it matters — Largest named board open-market add since the soft Aug tape — same day as the full Q2 IR package, not a quiet window.

Q2 IR (recap): record op. income; collectibles 45%

IR 8 Sep: Q2 net sales $790.2M (vs $972.2M YoY — Switch 2 base, store closures, France exit). GameStop IR
Collectibles $356.3M (+57% YoY), 45.1% of sales; operating income $160.2M (record Q2) vs $66.4M. GameStop IR

Why it matters — Afternoon already flagged the full IR drop — overnight is Cheng’s Form 4 reacting to that print.

Brief

GME
Markets

Tape

Tue close $18.89 (−$0.27 / −1.4% vs Fri $19.16); day range $18.72–$19.50; vol ~10.0M. US holiday Monday. Yahoo Finance

Alternative Data · Flow

Community Flow & Sentiment

Superstonk retail velocity & insider activity. Tracked as market sentiment only — unverified until confirmed by regulatory filings or audited disclosures.

14-Day Velocity by Category 18h active window

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