Why Is GameStop Stock Rising Monday?
GameStop Corp (NYSE:GME) shares are trading higher Monday. The move comes as the broader markets show strength. The Nasdaq rose 1.10%, while the S&P 500 gained 1.16%.Investors are focusing on GameStop’s fourth-quarter earnings. The company reports these results on Tuesday. Analysts estimate earnings per share (EPS) of 31 cents. Revenue expectations sit at $1.47 billion.GameStop carries significant momentum into this report. The company has beaten EPS estimates in six consecutive quarters. In the third quart ...