Esto ya me recuerda a los globos sonda del gobierno. ¿FUD de los MassMedia? ¿La bestia sangra?
GameStop shares fall 20% after it files to sell additional stock, says first quarter sales dropped
GameStop shares tumbled 20% Friday after the video game retailer said it plans to sell additional shares and reported preliminary results that showed a drop in first-quarter sales.
In a new regulatory filing, the video game retailer said it will sell up to 45 million class A common shares in an at-the-market offering. The sale comes after GameStop shares surged earlier this week in a brief revival of the meme stock trade.
Meanwhile, in a separate statement, GameStop said it now expects net first-quarter sales in the range of $872 million to $892 million, down from around $1.24 billion in the same quarter last year. Two analysts polled by FactSet said they expected a first-quarter revenue of around $1 billion.
GameStop’s first-quarter net loss is expected to be between $27 million and $37 million, narrower than a net loss of $50.5 million in the year-earlier period. The brick-and-mortar company has been grappling with competition from e-commerce-based competitors. In late March, GameStop announced an unspecified number of job cuts to reduce costs.
The rally in GameStop this week appeared to be partially fueled by posts on X from the long-dormant account of “Roaring Kitty,” also known as Keith Gill, one of the key figures in the 2021 meme stock mania. GameStop hit a high of $64.83 per share on Tuesday, up more than 200% from close on May 10.
PD: Me acabo de agenciar otras 10 acciones aprovechando el DIP.