Meme Stocks AMC, KOSS, BB Whipsaw as GameStop Q1 Results Disappoint
AMCAMC(AMC) Investor Place·2024-06-07 22:27

Meme stocks are incredibly volatile on Friday as investors react to the latest earnings report from GameStop (NYSE:GME). GameStop failed to impress investors with its first-quarter earnings report. That’s due to its revenue of 881.8million.Thisisworsethanthe881.8 million. This is worse than the 900 million to 1.09billionthatthetwoanalystscoveringthecompanywereexpecting.AlsonothelpingmattersisGameStoppostingalossof1.09 billion that the two analysts covering the company were expecting. Also not helping matters is GameStop posting a loss of 32.3 million during the quarter. However, it is better than its loss of $50.5 million from the same p ...