GameStop shares plunge amid declining video game sales

Channel: Fox Business
Published: 10 hours ago

Description
FBN's Cheryl Casone on the drop in GameStop shares after the company's first-quarter results. FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capit...



Transcript
Well shares a gamestop sharply lower in the pre-market. This morning, after the company's disappointing first quarter result games top reported a 13 % drop in revenue that did miss the end estimate. The stock is down look at that almost 30 % of the pre market. Folks, they are halting their quarterly dividend. We should add game shots been struggling as it's facing major threats from tech giants li ...
e google and microsoft again that stalked out about 40 % so far this year and again it is down in the pre market.


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