GameStop reports disappointing Q1 results, missing Wall Street estimates, but shares surge 21%.

From CNBC: 2024-06-07 06:45:46

GameStop, fueled by “Roaring Kitty,” reported disappointing first-quarter results with a 29% decline in net sales to $881.8 million. Despite a narrower loss of $32.3 million, the company fell short of Wall Street estimates. However, shares surged 21% in premarket trading ahead of Gill’s livestream, with the stock up 271% this quarter.



Read more at CNBC:: GameStop (GME) Q1 earnings