GME - GameStop Stock Is Tumbling Wednesday: What's Going On? | Benzinga
GameStop Corp (NYSE:GME) shares are trading lower Wednesday after the company reported worse-than-expected financial results.
What Happened: GameStop reported fourth-quarter revenue of $1.794 billion, which missed the consensus estimate of $2.05 billion, according to Benzinga Pro. The video game retailer reported quarterly adjusted earnings of 22 cents per share, which missed analyst estimates for earnings of 29 cents per share.
GameStop said it ended the quarter with $1.199 ...