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  • Swing Trade Idea – September 08, 2022

    • GameStop Corp (GME) – Video game retailer GameStop beat eps estimates from analysts and missed revenue estimates for the second quarter. Shares soared in after-hours trading on the company’s report, which included highlighting its collectibles business and NFT marketplace. GameStop also announced a partnership with the cryptocurrency platform FTX.
    • Asana (ASAN) – Shares of Asana are trading higher after the company reported quarterly results Wednesday. Revenue was up 51% year-over-year to $134.9 million in the second quarter, beating analysts’ estimates. Guidance for the third quarter and full year is ahead of Street estimates.
    • Globalstar (GSAT) – The Apple “Far Out” event saw shares of Globalstar trade higher as the company was announced as a partner with the technology giant for a satellite feature on iPhones. Globalstar will receive fees from Apple as part of the deal.
    • Comcast Corporation (CMCSA) – The NFL season is back with week 1 of the 2022 season kicking off Thursday. The opening game between the Buffalo Bills and defending Super Bowl Champion Los Angeles Rams will air on NBC. Along with the first Thursday Night Football game, NBC will air Sunday Night Football games throughout the season with a marquee week 1 matchup of the Tampa Bay Buccaneers featuring the un-retired Tom Brady against the Dallas Cowboys, which are America’s team and one of the most watched teams nationwide.
    • Docusign (DOCU) – Cloud based software company Docusign will report quarterly earnings after market close Thursday. The Street is expecting revenue of $602.3 million and earnings per share of 42 cents. The company has beat on revenue in the last several quarters according to data from Benzinga Pro.
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