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Shares of GameStop Corp. (GME) are down more than 4% in pre-market on Thursday after the video games and entertainment products retailer reported wider net loss in the third quarter.


RTTNews | Dec 9, 2021 06:27AM EST

06:26 Thursday, December 9, 2021 (RTTNews.com) - Shares of GameStop Corp. (GME) are down more than 4% in pre-market on Thursday after the video games and entertainment products retailer reported wider net loss in the third quarter.

Net loss was $105.4 million or $1.39 per share in the third quarter, compared with net loss of $18.8 million or $0.29 per share in the same quarter a year ago.

Net sales, however, increased to $1.297 billion for the quarter, from $1.005 billion in the prior-year quarter.

GameStop stock closed Wednesday's trade at $173.65, down $4.16 or 2.34%. It is currently at $166.11.

Read the original article on RTTNews ( https://www.rttnews.com/3248083/gamestop-dips-4-in-pre-market-on-recording-wider-q3-loss.aspx)

For comments and feedback: contact editorial@rttnews.com

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