Oil futures are mixed on Thursday, with U.S. prices settling at their highest in nearly 22 months, but global benchmark Brent crude suffering its first loss in four sessions.
Apart from the wild stock-price moves, GameStop does have an underlying business, and it’s clear that the videogames retailer is trying to change direction.
Stocks rallied on Wednesday, as Federal Reserve officials made it clear they would keep monetary policy loose despite concerns about inflation, and markets may carry that momentum into Thursday.
Shares of Esports Entertainment Group Inc. soared Thursday toward a more-than three-year high, after Citron Research said GameStop Corp. should buy the online gambling company to provide people with two things they love, video games and gambling.