Wednesday, December 11, 2019

GameStop’s sales plunge 26% in third quarter and its stock price follows suit

The Dallas Morning News
Grapevine-based GameStop Corp., the ailing video-game retailer, plunged in extended trading Tuesday after posting a third-quarter loss that was larger than even the most dire Wall Street estimate.

Sales plummeted 26% from a year earlier to $1.44 billion, and GameStop also reduced its forecast for the year.. . . more