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GameStop shares rose 1.7% to $22.96 ahead of an earnings report forecasting $1.47 billion in revenue and 31 cents per share.
GameStop shares rose 1.7% to $22.96 on Monday amid market gains, ahead of Tuesday’s earnings report expected to show $1.47 billion in revenue and 31 cents per share.
The company, facing declining revenue and a global chip shortage, has transformed into a cash-heavy investment vehicle under CEO Ryan Cohen, with over $2.5 billion in cash and Bitcoin holdings.
Despite a 13% drop from its 2026 high and a bearish technical outlook, the stock remains up 290% for long-term investors.
GameStop continues to restructure, closing stores and focusing on software, accessories, and collectibles, while Cohen’s compensation is tied to reaching a $100 billion market cap.
Las acciones de GameStop subieron 1.7% a $ 22.96 por delante de un informe de ganancias que pronostica $ 1.47 mil millones en ingresos y 31 centavos por acción.