- COIN has moved in the same direction as GME's earnings reaction in 74% of 19 tracked reports, with a median same-day move of ±3.8% — ×1.4 its normal daily move.
- EarningsWatcher tracks 3 quality-gated sympathy peers for GME: COIN, RDDT, NET.
- When GME's earnings reaction is positive, COIN's median same-day move is +1.2%; when negative, -1.0%.
All measured sympathy peers for GME
Every peer below passed the gates — enough events, direction consistency well above a coin flip, and a move meaningfully bigger than its normal day. Nobody else publishes this measurement; it exists because EarningsWatcher computes it from every GME report, with the peer's own earnings days and heavy market days excluded.
| Peer | Same direction | Typical move | vs normal day | Sympathy score |
|---|---|---|---|---|
| COIN | 74% of 19 | ±3.8% | ×1.4 | ▮▮ |
| RDDT | ▮▮% of ▮▮ | ±▮.▮% | ×▮.▮ | ▮▮ |
| NET | ▮▮% of ▮▮ | ±▮.▮% | ×▮.▮ | ▮▮ |
- the 0–100 sympathy score for each pair (direction consistency + amplification + correlation, discounted for small samples)
- each peer's live ATM straddle with an honest 1-day breakeven — the move it must beat by the reaction-day close
- historical beat rates from real option prices: how often past GME reports beat that same hurdle
- direction splits, gap-vs-peak timing, and an event-by-event history for every pair
- the week's best pairs delivered as P0/P1/P2 sympathy picks
Why trade the peer instead of GME itself?
Options on GME are expensive into the print — the expected move is priced in, and implied volatility collapses the moment results land. COIN has no event that day: its options are priced for a normal session, and measured across our pairs the median change in peer IV through a reporter's print is roughly zero. The sympathy trade turns GME's report into a position with a normal-day hurdle instead of an event-premium hurdle. New to the concept? Read what a sympathy play is, then see this week's live boardor the GME implied-move page.
Frequently asked questions
Which stocks move when GME reports earnings?
Measured over up to ten years of GME's earnings days, the strongest sympathy peer is COIN: same direction as GME's reaction in 74% of 19 tracked reports, median same-day move ±3.8%. Other quality-gated peers: RDDT, NET — their full statistics are on the member board.
Are stocks like GME worth watching on its earnings day?
That is exactly what a sympathy play is: GME's report reprices companies with the same customers and economics, so 'stocks like GME' often move the same day — without an earnings event of their own. The size is usually smaller than GME's own move (COIN: ±3.8% vs a normal day ×1.4), but the peer's options carry no event premium, so there is no IV crush to pay.
Is COIN correlated with GME?
On GME's earnings days specifically, yes, historically: 74% same-direction over 19 events after excluding COIN's own earnings window and heavy market days. General day-to-day correlation is a different (weaker) question — the earnings-day link is the tradeable one.
What is a sympathy stock?
A sympathy stock moves on another company's news rather than its own — here, COIN reacting to GME's earnings. EarningsWatcher measures these relationships event by event and gates them for sample size, direction consistency and amplification; see the full guide to sympathy plays.
