GameStop Corp.

GameStop reports lower revenue and sharp drop in cash

GameStop reports lower revenue and sharp drop in cash

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A screen displays GameStop’s logo and business information on the floor of the New York Stock Exchange (NYSE) on March 29, 2022. Brendan McDermid | Reuters GameStop said Wednesday that its sales in the third fiscal quarter fell and its cash flow fell sharply, as the bricks-and-mortar retailer worked to expand its digital presence. During …

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Markets looking for the next catalyst may worry for 2023

Markets looking for the next catalyst may worry for 2023

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Markets could be volatile and looking for a catalyst in the week ahead as investors eye year-end trading in the lull ahead of the Federal Reserve’s Dec. 13-14 policy meeting. Stocks were higher last week, with the worst performing sectors of the year, communication services and consumer discretionary companies, leading the gains. The S&P 500 …

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