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GameStop shares plummet after lackluster earnings report

GameStop shares plummet after lackluster earnings report

GameStop shares fell Wednesday, a day after the company released its first earnings report on Tuesday. For the fourth quarter of 2020, GameStop’s net sales were $2.12B compared to $2.19B in the fiscal 2019 fourth quarter. Net income was $80.5M. Analysts were upset after the results call ended early, without the usual question-and-answer session from the CEO George Sherman.

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