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GameStop Rises 4% as Collectibles Sales Jump 57% and a Director Buys $1M

Source: 247wallst.com

Corporate EarningsCompany FundamentalsConsumer Demand & RetailInsider Transactions
GameStop Rises 4% as Collectibles Sales Jump 57% and a Director Buys $1M

GameStop shares rose 4% to $19.59 in Wednesday morning trading after the company reported a fiscal second-quarter earnings beat. The move was supported by higher collectibles revenue and a same-day share purchase by a GameStop director, signaling insider confidence.

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