GameStop (GME, Financial) experienced a significant stock price increase of 5.07%, reaching $23.62 per share with a trading volume of 7.114 million shares. The turnover rate was 1.59%, and the stock's amplitude was 6.27%.
Recent financial reports show GameStop generated $798 million in revenue with a net profit of $14.8 million. The earnings per share (EPS) amounted to $0.04, and the gross profit was $249 million, resulting in a price-to-earnings (P/E) ratio of 168.29. Despite these figures, both participating institutions provided a sell rating without any buy or hold recommendations.
Within the retail industry, where GameStop operates, the overall sector saw a decline of 0.63%. Noteworthy stocks showing significant gains included Zooz Power Ltd C/Wts 02/04/2029 (To Pur Com) and Leslie’s, Inc., while other active stocks such as Nuvve Holding Corp. had notable turnover rates.
GameStop Corp is a leading retailer of video games, electronics, and services across Europe, Canada, Australia, and the United States, primarily selling new and used video game hardware, software, and accessories through its GameStop, EB Games, and Micromania stores, as well as e-commerce platforms.
