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GameStop shares volatile after earnings and ahead of ‘Roaring Kitty' live stream
GameStopGameStop(US:GME) Fox Business·2024-06-07 13:11

GameStop shares were volatile on Friday morning after the company reported results and ahead of a YouTube livestream planned by meme stock influencer Keith Gill, also known as "Roaring Kitty." The video retailer reported a net loss of $32.2 million compared to a loss of $50.5 million in the year-ago period. Sales fell 28% to $881 million, down from $1.2 billion. The company also plans to sell up to another 75,000,000 shares on top of the 45,000,000 already sold. Shares fell following a 47% jump, the largest ...