GameStop shares stumble after company predicts lower profit in 2016
GameStop Corp. shares fell more than 6% late Thursday after the company reported 2016 earnings expectations slightly below Wall Street consensus. The game retailer reported adjusted net earnings of $251.6 million, or $2.40 a share, in the fourth quarter, compared with adjusted net earnings of $235.5 million, or $2.15 a share, in the prior-year quarter. Sales reached $3.53 billion in the quarter. Analysts polled by FactSet had expected the company to report adjusted earnings of $2.25 a share on... Читать дальше...