OMG in case you were wondering if this is risk on rally!! GameStop soars 31% after the retailer records a surprise Q4 profit Mar. 21, 2023 4:16 PM ET GameStop Corp. (GME) GameStop (NYSE:GME) soared in postmarket trading after recording an unexpected profit in Q4. Revenue fell 0.9% to $2.25B during the quarter. Hardware and accessories sales accounted for 55.8% of total sales vs. 52.7% a year ago, while software sales fell to 30.1% of the mix from 34.9% last year. Collectibles revenue was up to 14.1% of the total vs. 12.4% a year ago. During the quarter, the Texas-based company generated $4.5M from the sale of digital assets. Of note, GameStop (GME) recorded net income of $48.2M in Q4 vs. a net loss last year of $147.5M. The company noted that it initiated cost cutting initiatives and headcount reductions over the course of the year with an aim to increase operational efficiency. On the balance sheet, GME ended the quarter with $1.39B in cash and inventory was at $683M vs. $915M a year ago. Shares of GameStop (GME) gained 32.49% to $23.43 vs. the 52-week trading range of $15.41 to $49.85.
78 TO GO........ HOW DOES HE DO IT?????????? S&P 500 (^GSPC) SNP - SNP Real Time Price. 4,002.87+51.30(+1.30%)<-----------
It's really not moving... feeling hunchy but don't know why. BYDBoyd Gaming Corporation $61.93 +1.02(+1.67%)4:00 PM 03/21/23
Omg... hey Stoney... it opened at $67.48 The ask was $67.50 all thru pre-market... and zero shares traded. You're taking credit like you made some great call lol. Your #1 pick is flat on the day had you bought when you post that. Where's @destriero when we need him.
Van! Where the hell have you been. I have so much to tell you. First off I hiked today. Yup. And the hamstring was 100% turned out I had severe dehydration on St patty's day. Second the benz they found the problem finally it's the electric seat. (long story) I ordered a new car battery. My car is 2015 Mazda and I think it's time. I kind of blew off my annual checkup there... what else... If the market hits 4,200 we should end the thread! Chicken curry tonight...
It was $67 at 11:00 STFU and just say good job buddy Nice! VOYA!!! Hey... Penepolle look it Up Penelepe... ohhh its a Whisky.