Up to date 39 min agoGameStop Inventory Turns Sure After Quarterly ResultsByWSJ StaffGameStop stocks (GME) rose, shrugging off early declines, as traders digested quarterly effects that incorporated a 9% drop in quarterly gross sales and narrowing losses.The inventory was once not too long ago up a little greater than 2%. For the newest quarter: Internet gross sales had been $1.08 billion, down from $1.19 billion a yr previous, GameStop stated past due Wednesday. Internet loss was once $3.1 million, as opposed to a $94.7 million loss a yr in the past. Promoting, normal and administrative prices fell 24%.
