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GameStop CEO Forfeits $98M Worth Of Shares For Not Meeting 'Stated Performance Target' Amid Rumors Of Ousting
Thursday, April 15, 2021 - 12:14am | 494GameStop Corp. (NYSE: GME) Chief Executive Officer George Sherman, who is facing a potential ouster, has forfeited shares worth almost $98 million after he failed to meet his “stated performance target.” What Happened: Sherman has forfeited more than 587,000 GameStop shares that were...
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Who Are The GameStop Winners? Ryan Cohen, 'Roaring Kitty' And Others Who've Made A Fortune
Thursday, January 28, 2021 - 6:25pm | 581GameStop Corp. (NYSE: GME) shares dropped 44% on Thursday after Robinhood and other major trading platforms restricted users from buying the stock, outraging the retail trading community and triggering at least one lawsuit. It remains to be seen what's next, but plenty of investors have already...
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GameStop Reports Huge Q3 Earnings Miss, Guidance Cut
Tuesday, December 10, 2019 - 5:19pm | 314GameStop Corp. (NYSE: GME) shares are falling following a massive third-quarter earnings miss. Adjusted earnings came in at a loss of 49 cents per share, missing estimates by 60 cents. Sales came in at $1.439 billion, missing estimates by $181 million. This is a 30% decrease over sales of $2.084...
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GameStop's Rough Year Continues After Q2 Earnings Miss
Tuesday, September 10, 2019 - 4:19pm | 345GameStop Corp. (NYSE: GME) troubles continue after reporting a second-quarter earnings miss. Second-quarter adjusted earnings came in at a loss of 32 cents per share, missing estimates by 11 cents. Sales came in at $1.29 billion, missing estimates by $50 million. The company sees 2019 adjusted...