What's Happening with GameStop Stock?
benzinga_article·
- GameStop Corp. shares traded modestly higher at $18.99 following its preliminary second-quarter financial update.
- The company projected net income between $290 million and $310 million, largely driven by $238 million in net gains from eBay common stock holdings.
- GameStop ended the period with cash and marketable securities between $5.05 billion and $5.07 billion while settling $358 million in convertible notes.