May 17, 2024, 3:15 PM
May 17, 2024, 1:31 PM
Q1 sales decline as GameStop stock sinks on plan to issue shares
Yahoo! News
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Source
GameStop stock tanked on Friday morning after the company filed to sell stock and pre-announced that sales for the first quarter came in below Wall Street's estimates.
Yahoo! News
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Source
GameStop shares sink on plan to issue 45 million additional shares. Video game retailer also released preliminary first quarter results. Q1 sales are expected to be in a range of $872 million to $892 million compared to $1.237 billion in the same quarter a year ago.
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