About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

文章核心观点 - 游戏零售商GameStop将在未来一年内关闭更多实体门店 [1][2] - 这是由于公司业绩表现不佳,实体门店销售硬件产品的困难加剧 [2][5] - 公司希望通过关闭表现不佳的门店来提高整体业务效率 [7] 公司概况 - GameStop在过去12个月内关闭了287家门店,目前仅剩4000家门店 [2] - 公司计划进一步大幅减少门店数量,但具体数量尚未公布 [2] - GameStop股价在最近一个季度下跌15%,过去一个月下跌7% [4] - 这与2021年GameStop股价飙升的"记忆股"热潮形成鲜明对比 [3][6] 行业趋势 - 更多游戏通过数字下载或在线订购,实体门店销售硬件产品面临困难 [2][5] - 这导致GameStop的收入从去年同期的11.6亿美元下降至7.98亿美元 [7]

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

ToplineThe 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, dropping the company’s market capitalization by $2 billion.The video game retailer said it would sell 20 million shares to fund future investments and ... [+] acquisitions.Getty Images Key FactsShares 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 s ...

GameStop Corp. (GME) posted second-quarter fiscal 2024 results, wherein the top line missed the Zacks consensus estimate and declined year over year. However, the company’s earnings per share surpass estimates and compared favorably with the year-ago figure. Higher inflationary pressures on consumer spending in the gaming industry have been resulting in lower demand and, in turn, weighing on the company’s results.Shares of this Zacks Rank #3 (Hold) company have gained 36.1% in the past year compared with th ...

GameStop Corp (NYSE:GME) stock is near the bottom of the New York Stock Exchange (NYSE) today, last seen down 17.7% to trade at $19.36. The meme stock and video game retailer reported adjusted second-quarter earnings of one cent on $798 million in revenue. While earnings are higher year over year, the revenue was a more than 20% drop from the $1.16 billion figure a year ago. Customers opting to buy video games online hurt GameStop, which relies on the selling of new and used discs in-store. The company also ...

GameStop NYSE: GME posted another smoke-and-mirrors quarter, resulting in a normal market response: a fall. The results reveal a company trying hard to turn itself around but failing miserably and eating itself to death at shareholder expense—insufficient news to spark another meme-quality rally. Because the company has filed to sell another 20 million shares, investors should fear the worst: a move below critical support in the $20 range and a move back to $10, where this stock belongs. Get GameStop alerts ...

GameStop (NYSE: GME) found itself in hot water on September 11, with shares plummeting 15.09% to $19.95 at market open following a shaky Q2 earnings report. While the company managed to beat EPS expectations with a slim $0.01 per share (compared to estimates of a -$0.09 loss), it wasn’t enough to offset other troubling figures.Revenue plunged a staggering 31.9% year-over-year to $790 million, missing expectations by $106 million. Adding to the pain, adjusted EBITDA came in at a negative $18 million, a far c ...

Key TakeawaysGameStop shares plummeted in premarket trading Wednesday after the brick-and-mortar video gamer retailer announced a 20 million share offering and reported a 31% drop in quarterly sales, as consumers continue to pivot from physical discs to digital downloads and game streaming.Wednesday’s projected earnings-driven drop opens the door for a potential breakdown below the lower trendline of a symmetrical triangle.Investors should monitor key post-earnings chart levels at $18.50, $15.25 and $13.25, ...

jetcityimage September 10th ended up being a really painful day for shareholders of video game retailer GameStop (NYSE:GME). After the market closed, the stock plunged roughly 10%. This was in response to disappointing financial results covering the second quarter of the company's 2024 fiscal year. Revenue fell short of expectations, but earnings exceeded what analysts anticipated. Normally, this would not have resulted in such a painful drop in price. However, the magnitude of the drop in sales was sig ...