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GameStop's first quarter came in worse than Wall Street had hoped, with revenue of $1.24 billion coming in short of analysts expectations for $1.34 billion. Shares of GameStop fell nearly 20% at ...
Investors pushed the stock price down more than 20% in after-hours trading, continuing a roller-coaster ride that started in early 2021 when retail investors piled in to prove hedge fund betting ...
GameStop stock tumbled as much as 10% in after-hours after seeing a 15% rise during Thursday's session following the announcement of a 4-for-1 stock split that will take effect on July 22.
The company expects net losses to be between $27 million and $37 million, narrowing from the $50.5 million a year ago, as GameStop has cut operating costs significantly in the past year.
The firm’s exit from Tesla comes during a challenging period for the stock amid a broader rout in technology and hyper-growth names. Shares of Tesla capped last quarter in positive territory, up ...
(Reuters) -GameStop fell about 19% on Thursday and was set for its worst session in two years after the surprise exit of a CEO handpicked to lead its online expansion fanned concerns about the ...
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GameStop stock was up 35% as of the close on Wednesday after the company posted its first quarterly profit in two years. ... Sales for 2022 dropped 1.4% year-over-year to $5.93 billion. That ...