GameStop (GME) Dips More Than Broader Markets: What You Should Know
GameStop $GameStop(GME.US$ closed the most recent trading day at $21.40, moving -1.2% from the previous trading session. This change lagged the S&P 500's 0.07% loss on the day. Elsewhere, the Dow gained 0.31%, while the tech-heavy Nasdaq lost 3.22%.
Coming into today, shares of the video game retailer had gained 7.87% in the past month. In that same time, the Retail-Wholesale sector gained 8.58%, while the S&P 500 gained 4.64%.
GameStop will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of -$0.16, up 65.96% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $2.17 billion, down 3.82% from the year-ago period.
Coming into today, shares of the video game retailer had gained 7.87% in the past month. In that same time, the Retail-Wholesale sector gained 8.58%, while the S&P 500 gained 4.64%.
GameStop will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of -$0.16, up 65.96% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $2.17 billion, down 3.82% from the year-ago period.
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