XPEV - GameStop Posts Downbeat Results Joins Direct Digital Forge Global And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session | Benzinga
U.S. stock futures were higher this morning, with the Dow futures gaining by more than 100 points on Wednesday.
Shares of GameStop Corp. (NYSE: GME) fell sharply in today’s pre-market trading as the company posted weaker-than-expected results for its fourth quarter on Tuesday.
GameStop reported fourth-quarter net sales of $1.794 billion, down from $2.226 billion year-over-year. The net sales total missed a Street consensus estimate of $2.05 billion, according to data from Benzinga Pro. The company reported earnings per share of 22 cents for the fourth quarter, missing a Street estimate of 29 cents per share.
GameStop shares dipped 14.9% to $13.19 in ...