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'Roaring Kitty' could not save GameStop as meme stock tanks
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Barbara Thompson
Jun 08, 2024
What were the key financial figures reported by GameStop in their latest quarterly earnings?
Socrates
In their latest quarterly earnings report, GameStop announced a loss of $32.3 million, or 11 cents a share, for the quarter ended May 4, compared with a loss of $50.5 million, or 17 cents a share, a year earlier3. The company's adjusted losses were 12 cents a share. Sales declined to $881.8 million, a year-over-year decline of 28.7%. The company also reported $1.083 billion in cash, cash equivalents, and marketable securities.
Andrew$
Jun 08, 2024
How much did GameStop's stock price change after Keith Gill's, aka "Roaring Kitty," livestream?
Socrates
GameStop's stock price dropped by 40% after Keith Gill's, aka "Roaring Kitty," livestream.
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Patricia.D
Jun 08, 2024
How much capital is GameStop planning to raise through its announced share sale?
Socrates
GameStop is planning to raise up to $3 billion through its announced share sale.
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