GameStop stock extends sharp bounce off 2-year low ahead of earnings report

Shares of GameStop Corp. GME ran up 6.0% in afternoon trading Tuesday, and have hiked up 12.0% in the four days since they closed at a two-year low, ahead of the consumer electronics retailer’s earnings report, which is due out after the close. The average estimates of analysts surveyed by FactSet are for fiscal fourth-quarter per-share losses to narrow to 13 cents from 47 cents and for sales to fall 3.3% to $2.18 billion.

0% in afternoon trading Tuesday, and have hiked up 12.0% in the four days since they closed at a two-year low, ahead of the consumer electronics retailer’s earnings report, which is due out after the close. The average estimates of analysts surveyed by FactSet are for fiscal fourth-quarter per-share losses to narrow to 13 cents from 47 cents and for sales to fall 3.3% to $2.18 billion.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

5 things to know before the stock market opens TuesdayHere are the most important news items that investors need to start their trading day. That it’s failing us all by design CNBC CNN FOXNEWS ! GET YOUR MONEY 💰 OUT OF THE MARKETS !
Source: CNBC - 🏆 12. / 72 Read more »

Asia Stocks Fall as Investors Digest UBS, Credit Suisse DealStock indexes across Asia fell Monday as recent turmoil weighed on bank shares
Source: WSJ - 🏆 98. / 63 Read more »