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Stock impact report

GameStop Just Beat Earnings Estimates. Should You Bet on a Turnaround in GME Stock? [Yahoo! Finance]

GameStop Corporation (GME) 
Last gamestop corporation earnings: 3/26 04:06 pm Check Earnings Report
Company Research Source: Yahoo! Finance
by $0.04, and showed a dramatic improvement from a year ago when it incurred an operating loss to a surprise profit of $41.3 million. However, GameStop's stock dropped in after-market hours despite beating estimates, as it reported a revenue of $821 million, which missed estimates by a huge margin of 4.5% from a year ago. The findings come as a welcome relief, though, in a situation where the overall retail industry also has budget cuts to make. GME stock, on the other hand, remains very volatile. This needs mention, since it currently trades far from the 52-week high of $35.81. The S&P 500 ($SPX), which remains near a record high, also raises questions about whether companies like GameStop can move beyond structural issues. Evercore Analysts Are Pounding the Table on Apple Stock Ahead of a ‘Sizable Catalyst' Coming in 2026 Why This Analyst Says the Warner Bros. Deal Is Bad News for Netflix Stock Palantir: The Future of Defense Contracts or DiamondCluster 2.0? What Michael Bur Show less Read more
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