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Markets Insider on MSN · 5d

GameStop craters as earnings show sales falling and profits driven mostly by its huge cash pile

GameStop's surprise profit was driven primarily by interest earned on its $4 billion cash pile, rather than its underlying retail business.

MarketWatch on MSN · 5d

GameStop stock sinks after sales fall, 20 million share stock offering

GameStop Corp. shares fell more than 10% in after-hours trading Tuesday after the videogame retailer surprised investors with a quarterly profit, but sales dropped more than 30%.

GameStop Shares Plunge Over 14% After Revenue Decline

Shares for GameStop fell by over 14% to below $20 as of 2:40 p.m. EDT, adding to a 3.3% loss on Tuesday. As of Wednesday’s share price, GameStop’s market cap has dropped to $8.5 billion from $10.5 billion.

TipRanks on MSN · 4d

GameStop’s $4B Cash Pile May Distract Investors from Its Problems

GameStop ($GME), a brick-and-mortar video game retailer and infamous meme stock, saw its share price plunge after reporting second-quarter

3hon MSN

GameStop Corp. Cl A stock outperforms competitors despite losses on the day

Shares of GameStop Corp. Cl A slipped 2.71% to $20.09 Monday, on what proved to be an all-around great trading session for ...

3don MSN

GameStop prepares to shutter even more stores after disappointing second quarter

GameStop has announced that it will be closing even more brick-and-mortar locations in the coming year, after a disappointing earnings report.

3d

Jim Cramer Agrees GameStop Should Consider Operating As A Bank And Labels The Meme Stock As 'Massively Overvalued' SPAC

Jim Cramer has compared GameStop Corp. (NYSE:GME) to an overvalued special purpose acquisition company. What Happened: Cramer ...

5d

Meme stock GameStop slumps as revenue drop fans turnaround doubts

Shares of GameStop , a widely watched meme stock, tumbled 15% on Wednesday after the video game retailer reported a bigger ...

6d

GameStop: Likely Turning Into An Investment Company, Initiate With 'Strong Sell'

GameStop's ongoing store closures and competition will likely lead to continued revenue decline and operational challenges.

11d

What You Need to Know Ahead of GameStop Earnings Tuesday

GameStop reports earnings after markets close Tuesday, with analysts expecting lower sales and a larger net loss than in the ...

7d

‘Bail Out Ahead of Earnings,’ Says Analyst About GameStop Stock

Industry sales were roughly the same as during the year-ago period, with declines in hardware sales countered by a solid ...

6d

GameStop reports fall in revenue, files for 20 mln share offering

GameStop said on Tuesday it had filed for an offering of up to 20 million shares, sending its stock down more than 10% in ...

5don MSN

Watch These GameStop Price Levels as Stock Plummets

GameStop shares plummeted in premarket trading on Wednesday after the video gamer retailer announced a 20 million share ...

Business 2 Community3d

Is Gamestop (GME) Doomed? Share Sales & Store Closures Panic Investors

GameStop reported its financial results covering the second quarter of its 2024 fiscal year and the market was dissapointed.

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