GameStop (GME) Stock: eBay Gains Lift Q2 Profit as Revenue Falls Year Over Year

TLDR GameStop Q2 profit surges as strong eBay gains offset a sharp decline in revenue. GameStop expects Q2 net income of $290M to $310M despite a steep sales decline. eBay gains contribute about $238M to GameStop’s preliminary quarterly profit. GameStop records a $75M loss tied to digital assets and related receivables. GME stock rises 2.61% [...]

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