GameStop tanked as much as 18% on Wednesday after the company pushed its yearly sales forecast lower and announced a decline in second-quarter revenue for nearly all of its businesses. GameStop's CEO announced a new plan to boost its operating profit by $200 million by 2021, focusing on optimizing business efficiencies and building out its digital marketplace.
GameStop tanked as much as 18% on Wednesday after the company pushed its yearly sales forecast lower and announced a decline in second-quarter revenue for nearly all of its businesses. GameStop's CEO announced a new plan to boost its operating profit by $200 million by 2021, focusing on optimizing business efficiencies and building out its digital marketplace.
I was gonna fall for that yesterday 😅 You guys idolize this guy way too much