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GameStop Posts Decline in Quarterly Sales, Reveals Plan to Sell More Stock

June 7 - GameStop reported a decline in first-quarter net sales on Friday, as customers transition to buying video games and collectibles online, while the retailer largely relies on brick and mortar stores.The company posted net sales of $881.8 million in the quarter ended May 4, compared with $1.24 billion in the same period a year earlier.The shares jumped 25% in premarket trading.
GameStop Posts Decline in Quarterly Sales, Reveals Plan to Sell More Stock

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  • SPACE ROCKET
    ·06-07
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    Shorts will short it back to $20. GME will come back down to earth.
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    • SPACE ROCKETReplying to买香蕉也用券
      Yeah, Congrats darling! It was a great short you have there! You lucky girl!
      06-07
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    • 买香蕉也用券
      Looking forward to 20+ dollars but thinking i might close now
      06-07
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