GameStop Announces First Quarter Preliminary Results

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GameStop (GME) stock dives 23% on preliminary Q1 results, mixed-shelf offering

May 17, 2024 8:06 AM EDT

GameStop (NYSE: GME) saw its shares tumble more than 23% before the market open on Friday after the video game retailer reported preliminary sales for the first quarter that missed the average analyst estimate.

In particular, the company expects preliminary net sales to be between... More