GameStop's Slow Bleed Hasn't Changed
GameStop(GME) Forbes·2024-12-24 22:00
SAN RAFAEL, CALIFORNIA - DECEMBER 08: Customers enter a GameStop store on December 08, 2021 in San ... [+] Rafael, California. Video game retailer GameStop will report third quarter earnings today after the closing bell. (Photo by Justin Sullivan/Getty Images)Getty ImagesWhile GME has risen almost $4 or 15% to $30.90 since the company announced its third fiscal quarter results nearly two weeks ago, the key takeaway is the basic story hasn’t changed. Revenue continues to decline and it is bleeding money. How ...