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Energized_Degen
26 days ago (E)
Good evening fellow degens, short summary of the GME earnings report below:

GameStop reported a significant Q1 2024 earnings miss, with revenue at $882 million, well below the expected $995 million. The company also posted a net loss of $32 .3 million, though this was an improvement from last year's $50 .5 million loss. Additionally, GameStop announced plans to sell up to 75 million shares, which contributed to a nearly 20% drop in its stock price. Despite the disappointing financial results, the stock saw a brief surge due to the return of prominent retail investor Keith Gill, known as "Roarin

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