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0.000867854915591444 0.000431746917806804 -0.00785430504010011 -0.00436544105782346 -0.0113126414625318 -0.00872652103566923 -0.00785430504010011 -0.00741819704231547
Stock impact report

GameStop discloses a cash position of $9B with the M&A wildcard in play [Seeking Alpha]

GameStop Corporation (GME) 
Last gamestop corporation earnings: 3/26 04:06 pm Check Earnings Report
Company Research Source: Seeking Alpha
Revenue fell 14.8% year-over-year for the quarter that ended on January 31 to $1.10B. Hardware and accessories sales accounted for 48.5% of total sales vs. 56.6% a year ago, while Fresh Stock Ideas, Every Day Quick Insights GameStop's revenue fell 14.8% year-over-year but operating and net income both increased compared to the prior year. Cohen plans to acquire a much larger, undervalued consumer company; success would depend on applying efficiency measures similar to prior turnarounds and is tied to ambitious market cap and EBITDA targets. GameStop ended the quarter with substantial cash and Bitcoin holdings, a high short interest, and a moderate market cap, implying both risks and acquisition firepower. More Trending News Show less Read more
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