GameStop shares crash after report of disastrous quarter

Published June 5, 2019 0 Plays

Rumble / GamingAccording to Markets Insider, GameStop shares dropped significantly early Wednesday. The crash comes after the video game retailer reported another disastrous quarter on Tuesday evening. The company's last quarterly earnings report also fell short of analysts' expectations. The retailer's shares fell by 30% early Thursday after the troubled video game and consumer electronics chain reported disappointing fiscal first-quarter sales amid declining hardware sales.