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MarketScreener Homepage  >  Equities  >  Nyse  >  GameStop Corp.    GME

GAMESTOP CORP.

(GME)
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Robinhood to allow customers to deposit, withdraw cryptocurrencies

02/17/2021 | 04:57pm EST
FILE PHOTO: Representations of virtual currency Bitcoin are seen in this picture illustration taken

(Reuters) - Online broker Robinhood said on Wednesday it intends to give customers the ability to deposit and withdraw cryptocurrencies, including the meme-based dogecoin.

The trading app popular with young investors currently allows customers to buy, sell and hold cryptocurrencies such as Bitcoin on its platform, but users cannot withdraw their assets to transfer to other wallets.

In January, Robinhood had temporarily disabled a feature on its app that allowed users to buy crypto securities instantly due to volatile market conditions sparked by a trading frenzy in shares of GameStop Corp . The brokerage faced criticism from users who could not move their assets to other wallets.

As part of a series of tweets https://twitter.com/RobinhoodApp/status/1362143073510121472, Robinhood said on Wednesday it does not currently invest in cryptocurrency or use any customer cryptocurrency for its own benefit.

(Reporting by Uday Sampath in Bengaluru; Editing by Maju Samuel)


© Reuters 2021
All news about GAMESTOP CORP.
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More news
Financials (USD)
Sales 2021 5 261 M - -
Net income 2021 -196 M - -
Net cash 2021 206 M - -
P/E ratio 2021 -35,3x
Yield 2021 -
Capitalization 9 607 M 9 607 M -
EV / Sales 2021 1,79x
EV / Sales 2022 1,69x
Nbr of Employees 35 000
Free-Float 77,7%
Chart GAMESTOP CORP.
Duration : Period :
GameStop Corp. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends GAMESTOP CORP.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 8
Average target price 13,44 $
Last Close Price 137,74 $
Spread / Highest target -76,0%
Spread / Average Target -90,2%
Spread / Lowest Target -97,5%
EPS Revisions
Managers and Directors
NameTitle
George E. Sherman Chief Executive Officer & Director
James Anthony Bell Chief Financial Officer & Executive Vice President
Kathy Patterson Vrabeck Chairman
Angela Venuk Chief Information Officer & Vice President
Matt Francis Chief Technology Officer
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