Posted 3/25/2024, 5:03:06 PM
GameStop Earnings Report Due as Video Game Retailer Tries Pivoting Beyond Brick-and-Mortar
- GameStop (GME) releases Q4 earnings report tomorrow, shares up 13% Monday in anticipation of good news
- Core business of selling used video games is declining as industry moves toward digital
- Attempts to branch out like NFT marketplace have not gone well
- Holiday sales may have given GameStop a boost this quarter, analysts expect $0.29 EPS
- GME stock price has risen overall in last 5 days heading into earnings, although not in straight line
