GameStop shares slide 16% following Friday’s 40% sell-off
From CNBC: 2024-06-10 12:55:57
On Friday, Keith Gill, a Reddit user known for the GameStop rally, live-streamed at the NYSE. GameStop shares fell over 16% on Monday following a dismal earnings report. Sales dropped 29% in Q1, and GameStop announced the sale of an additional 75 million shares. Analysts are skeptical about a meaningful turnaround.
Read more: GameStop shares slide 16% following Friday’s 40% sell-off