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The value of GameStop’s stock continued to decline on Wednesday after the video game retailer—often the focus of meme stock trading since a viral 2021 rally—reported a decline in sales ...
Videogame retailer GameStop reported a decline in first-quarter revenue on Tuesday as customers increasingly opted for digital downloads over purchases at its brick-and-mortar stores, sending its ...
GameStop Corp. posted the biggest quarterly drop in revenue in two years, showing the struggling video game retailer’s efforts to boost digital purchases haven’t compensated for a decline in ...
GameStop saw its stock drop over 3.5% after-hours on Tuesday, after reporting a steep 17% decline in first-quarter revenue, landing at $732.4M, down from $881.8M a year earlier.
GameStop's meme-stock rally officially ended on Friday after the company announced plans to sell 45 million shares. The struggling video game retailer also said it expects a 29% decline in first ...
GameStop Corp. reported third-quarter results that missed analysts’ estimates as well as a revenue decline after the market close on Wednesday. GameStop GME said it lost $94.7 million, or 31 ...
While GameStop’s yearly operating cash flows don’t exactly mirror the company’s revenue changes overall, the decline in revenues has led operating and free cash flows to move from positive ...
GameStop shares fell 7% before the bell on Thursday on signs that it will take longer for the brick-and-mortar videogame retailer to stem a revenue decline due to tough competition and weak demand.
GameStop Revenue Decline: GameStop's first-quarter revenue falls 17% due to a shift towards digital downloads, raising concerns about its retail model and future as it closes more stores.
GameStop shares fell in extended trading Tuesday as the retailer's quarterly revenue fell year-over-year.