Filed under: Earnings Reports, Wal-Mart (WMT), Target Corp. (TGT), Best Buy (BBY), GameStop Corp (GME)
GameStop Corp. (GME) is down about 3.8% at the time of this writing. That places the quote at $20.20. Volume is pretty heavy. The 52-week low for the stock is $17.12; the 52-week high is $26.05. Looks like the market isn't exactly sure what to do with this company as the shares are at a comfortable distance between the two extremes.Earlier today, the video-game chain reported earnings for the third quarter. According to the press release, net income, on an adjusted basis, came in at 38 cents per share. That was one penny above the estimate. Total company same-store sales increased 1.1%.
Continue reading GameStop: Buy or Sell After Latest Report?
GameStop: Buy or Sell After Latest Report? originally appeared on BloggingStocks on Thu, 18 Nov 2010 17:00:00 EST. Please see our terms for use of feeds.
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