GameStop Experiences 11% Decline Following Stock Offering
Tuesday, 10 September 2024, 23:25
GameStop Faces Decline
GameStop announced an offering of up to 20 million shares, leading to a significant 11% drop in stock prices.
Q2 Revenue Report
In Q2, GameStop reported revenue of $798.3 million, compared to $1.16 billion in the same period last year. The net income was $14.8 million, highlighting ongoing struggles in the gaming market.
DJT and GSK Updates
Following the recent debate, DJT's social media engagement has seen a notable decrease. Additionally, GSK’s shingles vaccine trials have encountered setbacks, raising concerns in the health sector.
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