GameStop Corp. (GME) posted first-quarter fiscal 2024 results, delivering lower-than-expected earnings per share and revenues. While the top line declined year over year, the bottom line compared favorably with the year-ago quarter’s reported 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 #4 (Sell) company have gained 16.1% in the past year compared with the indus ...