HomeTagsGameStop

Tag: GameStop

GameStop Stock Plunges Following Slump in Revenue

Shares in GameStop plummeted by 16% in extended trading after the company announced its fourth-quarter earnings. Revenue was $1.79 billion, down from last year's $2.23 billion during the same period. Expenses fell by 21.2% to $357.1 million, largely resulting from lower labor costs as...

GameStop Shares Surge More Than 35% Ahead of the Earnings Report

Shares of video game and electronics retailer GameStop are on the rise again. The company’s stock has been surging in recent days, gaining more than 35% since the beginning of the week. GameStop is expected to release its quarterly earnings report next week. Investors are...

GameStop is Shutting Down Its Crypto Wallet

GameStop appears to be taking a step back from its strategy to focus on cryptocurrency and other digital assets. The video games retailer announced on Wednesday that it will be shutting its crypto wallet due to “regulatory uncertainty”.  GameStop has been struggling to keep its...

GameStop Has First Quarterly Profit in 2 Years, Sees Huge Stock Jump

GameStop stock is having a solid week, but this isn’t the result of some Reddit thread or internet influence. Instead, the company shared its earnings results on Tuesday that showed the first quarterly profit in two years. The video game and electronics retailer had a...

GameStop Chairman Sells Bed Bath & Beyond Stake

Ryan Cohen, the well-known chairman of popular retail video game company GameStop recently made a decision that has everyone's heads turning. He made the decision to sell his entire stake in Bed Bath & Beyond, and analysts are having a field day. This decision was...

GameStop Shares Surge After Stock Split Announcement

Those who noticed a recent increase in the value of GameStop shares probably thought Reddit was behind it again. However, that's not the case. This time the surge is more organic and comes after the video games retailer announced a stock split. GameStop's board voted...