GameStop jumps 10% despite 3rd-quarter earnings miss as CEO says the meme-stock favorite will consider acquisitions

Dec 8 2022 by Business Insider

 

Jeff Roberson/AP

GameStop stock jumped 10% on Thursday despite the game retailer's third-quarter earnings miss. The meme-stock favorite's CEO said that the company is considering acquisitions. CEO Matt Furlong said GameStop is eyeing potential acquisitions in a mission to "accomplish something unprecedented in the retail sector."

GameStop stock surged 10% on Thursday despite the video game retailer's weak fiscal third-quarter earnings.

Late Wednesday, the meme-stock favorite reported a loss of...

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