GameStop Stock Edges Lower As Investors Weigh Revenue Decline, Bigger Cash Pile

While revenue came in below Wall Street estimates and declined from the prior year, the company posted an earnings beat, improved operating income and ended the quarter with a significantly larger cash position. Here’s what investors need to know.GameStop stock is showing downward bias. Where is GME stock headed?GameStop Earnings Beat Offset By Revenue MissGameStop reported fourth-quarter revenue of $1.10 billion, missing analyst estimates of $1.47 billion and down from $1.28 billion in the same quarter las ...