Sam is a professional trader and the lead stock market news writer at AskTraders. After starting his career in the forex market, Sam now focuses on gold and stocks with a preference for fundamental and macroeconomic analysis.
On Monday, GameStop (NYSE: GME) announced that it plans to hire up to 500 employees at its newly-leased customer service center in Pembroke Pines, Florida.
The new facility is expected to be operational by the end of 2021, with GameStop stating that the facility will be an integral part of the Company’s U.S.-based customer care operations.
GameStop is a signature meme stock, with its shares up over 987.9% in 2021. At the end of January, the company's shares reached an intraday high of $483 as a buying frenzy took hold.
AMC Entertainment, another meme stock, told Fox Business at the beginning of September that it had contacted GameStop about a partnership.
GME shares are currently trading at $197.45 premarket on Monday, down 3.67% from Friday's close. The company reported Q2 revenue at $1.18 billion and an EPS of -$0.76.
One of the most frequently asked questions we receive is, “what stocks are best to buy right now?” It's a wide-ranging question, but one that we have answered… Our AskTraders stock analysts regularly review the market and compile a list of which companies you should be adding to your portfolio, including short and longer-term positions. Here are the best stocks to buy right now
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