GameStop Q3 Earnings: Revenue Drops 5% Despite Strong Profits
GameStop's Q3 results show 5% revenue decline to $821M with stock falling, though profits beat expectations. Hardware sales slump while collectibles surge 50%.
GameStop's Q3 results show 5% revenue decline to $821M with stock falling, though profits beat expectations. Hardware sales slump while collectibles surge 50%.
GameStop stock rallies over 4% Friday as hedge fund manager Michael Burry posts nostalgic tweets about his early bullish position and interactions with Roaring Kitty and Ryan Cohen.
GME gave shareholders warrants to buy stock at $32 until 2026. This could dilute owners but raises up to $1.9B for GME.