GameStop shares slip 15% on disappointing sales drop ahead of ‘Roaring Kitty' YouTube livestream
GameStop(GME) New York Post·2024-06-07 21:04
GameStop’s shares were down more than 15% in pre-market trading after the company reported a wider-than-expected sales drop — just hours before a highly anticipated YouTube livestream from star retail investor “Roaring Kitty” was expected to send the stock surging. The video-game retailer said Friday its net sales tumbled to 1.24 billion a year earlier. That was worse than Wall Street expected, with two analysts having predicted sales of $900 million ...