GME · GameStop Corp.

GameStop Corp GME

Operates retail stores selling video games, gaming consoles, accessories and related merchandise.

Daily briefAugust 31, 2026

GameStop's preliminary results show profit jump from its eBay stake

+2.85% to $18.38 from $17.87

GameStop expects preliminary second-quarter net income of $290 million to $310 million, up from $168.6 million a year earlier, even as net sales fell to a range of $780 million to $800 million from $972.2 million.
The company said net income reflects about $238 million in net gains from its eBay derivative asset and equity investment, partially offset by roughly $75 million in losses on digital assets and related receivables.
As of August 1, GameStop held about 43.4 million shares of eBay common stock, with a fair value of roughly $4.947 billion.
GameStop attributed the sales decline to the prior-year launch of Nintendo Switch 2, planned store closures and the divestiture of its France operations.
The company said it expects to release complete second-quarter results on September 8.

Sources: Investing.com · Yahoo Finance

Daily briefAugust 4, 2026

+0.79% to $19.21 from $19.06

Shares fell more than 12% in premarket trading, extending losses that took the stock below $20 and into the red for 2026.
The decline follows GameStop’s plan to exchange $1.4 billion in debt for common stock, raising no cash and stoking dilution concerns.
The exchange is expected to close around September 23, 2026, with the number of shares issued tied partly to GameStop’s volume-weighted average price over a 35-trading-day reference period starting August 3.

Sources: CNBC · Yahoo Finance · Benzinga