GameStop shares crash after report of disastrous quarter Unlisted Video
4 years ago
43
News
Mike Hickey
George Sherman
Corporate Finance
Financial Analyst
Markets Insider
Chief Merchandising Officer
Chief Customer Officer
General
According 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.
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