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GameStop Shares Surge on Strong Earnings and Revenue Growth

1 min read
Source: Barron's
GameStop Shares Surge on Strong Earnings and Revenue Growth
Photo: Barron's
TL;DR Summary

GameStop's stock rose after reporting better-than-expected Q2 earnings and revenue, driven by strong sales in hardware, accessories, and collectibles, and a significant increase in cash reserves, although its stock has declined 25% this year.

Topics:business#business#earnings#financial-results#gamestop#revenue#stock
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  1. GameStop Stock Rises After Earnings and Revenue Beat Estimates  Barron's
  2. GameStop reports rise in second-quarter revenue  Yahoo Finance
  3. GameStop revenue climbs on strong hardware, collectible sales  Reuters
  4. GameStop's cash position balloons to almost $9 billion in Q2 (GME:NYSE)  Seeking Alpha
  5. GameStop Sales, Profit Rise on Collectibles and Hardware Growth  The Wall Street Journal

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