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Goldlim
2021-12-10

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GameStop shares slide 10%

GameStop (GME) shares closed 10% lower on Thursday at $155.76 each. The video game retailer's stock

GameStop shares slide 10%

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The video game retailer's stock ","content":"<p>GameStop (GME) shares&nbsp;closed 10% lower on Thursday at $155.76 each. The video game retailer's stock was under pressure throughout the session after announcing mixed quarterly results on Wednesday afternoon.</p>\n<p>GameStop has been a retail trade favorite this year. The stock closed at $247 on November 19. It has since come down along with other risky equities and growth stocks during recent market volatility.</p>\n<p>The company's earnings call following the quarterly results was brief, and as with other ones this year, included no Q&amp;A session and or guidance.</p>\n<p>However GameStop's CEO indicated it's venturing into new digital areas.</p>\n<p>\"We believe our emphasis on the long-term is positioning us to build what will ultimately become a much larger business relative to where we are in 2021,\" CEO Matt Furlong CEO said during the earnings call on Wednesday.</p>\n<p>\"We've also been exploring emerging opportunities in blockchain, NFTs and Web 3.0 gaming,\" he said.</p>\n<p>GameStop is undergoing a turnaround plan towards digital after Ryan Cohen, the co-founder of e-commerce platform Chewy (CHWY), bought an activist stake in the company and then joined the board as chairman in June.</p>\n<p>Cohen, known as \"Papa Cohen\" by the retail trader crowd, has revealed few details about his strategy.</p>\n<p>\"We are trying to do something that nobody in the retail space has ever done,” Cohen said at the company's annual meeting this past June.</p>\n<p>GameStop went through a C-Suite overhaul over the summer, with Amazon (AMZN) veterans Matt Furlong appointed as CEO and Mike Recupero as CFO.</p>\n<p>Jenna Owens, also a former Amazon executive, was tapped by Cohen for the COO position. She spent only seven months at the job before leaving the company in October.</p>\n<p>Only a few analysts cover the stock. The consensus expectations from the three who rate the company were for an adjusted loss per share of 52 cents, with revenue of $1.19 billion for the third quarter.</p>\n<p>Here are the main metrics from GameStop's report:</p>\n<ul>\n <li><p><b>Revenue: </b>$1.30 billion vs. $1.19 billion expected, $1.005 billion Y/Y</p></li>\n <li><p><b>Adjusted EPS:</b> -$1.39 vs. -$0.52 expected, -$0.53 Y/Y</p></li>\n</ul>\n<p>GameStop also established new offices in Seattle and Boston, which the company described as \"technology hubs with established talent markets.\"</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop shares slide 10%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop shares slide 10%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-10 07:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/game-stop-shares-slide-213217213.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GameStop (GME) shares closed 10% lower on Thursday at $155.76 each. The video game retailer's stock was under pressure throughout the session after announcing mixed quarterly results on Wednesday ...</p>\n\n<a href=\"https://finance.yahoo.com/news/game-stop-shares-slide-213217213.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站","BK4547":"WSB热门概念"},"source_url":"https://finance.yahoo.com/news/game-stop-shares-slide-213217213.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2190645546","content_text":"GameStop (GME) shares closed 10% lower on Thursday at $155.76 each. The video game retailer's stock was under pressure throughout the session after announcing mixed quarterly results on Wednesday afternoon.\nGameStop has been a retail trade favorite this year. The stock closed at $247 on November 19. It has since come down along with other risky equities and growth stocks during recent market volatility.\nThe company's earnings call following the quarterly results was brief, and as with other ones this year, included no Q&A session and or guidance.\nHowever GameStop's CEO indicated it's venturing into new digital areas.\n\"We believe our emphasis on the long-term is positioning us to build what will ultimately become a much larger business relative to where we are in 2021,\" CEO Matt Furlong CEO said during the earnings call on Wednesday.\n\"We've also been exploring emerging opportunities in blockchain, NFTs and Web 3.0 gaming,\" he said.\nGameStop is undergoing a turnaround plan towards digital after Ryan Cohen, the co-founder of e-commerce platform Chewy (CHWY), bought an activist stake in the company and then joined the board as chairman in June.\nCohen, known as \"Papa Cohen\" by the retail trader crowd, has revealed few details about his strategy.\n\"We are trying to do something that nobody in the retail space has ever done,” Cohen said at the company's annual meeting this past June.\nGameStop went through a C-Suite overhaul over the summer, with Amazon (AMZN) veterans Matt Furlong appointed as CEO and Mike Recupero as CFO.\nJenna Owens, also a former Amazon executive, was tapped by Cohen for the COO position. She spent only seven months at the job before leaving the company in October.\nOnly a few analysts cover the stock. The consensus expectations from the three who rate the company were for an adjusted loss per share of 52 cents, with revenue of $1.19 billion for the third quarter.\nHere are the main metrics from GameStop's report:\n\nRevenue: $1.30 billion vs. $1.19 billion expected, $1.005 billion Y/Y\nAdjusted EPS: -$1.39 vs. -$0.52 expected, -$0.53 Y/Y\n\nGameStop also established new offices in Seattle and Boston, which the company described as \"technology hubs with established talent markets.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":942,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":7,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}

GameStop shares slide 10%

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