Shares of electronics retail company GameStop Corp. (GME) are up 15 percent on Wednesday’s trading, continuing its bullish trend from Tuesday.
The company is also expected to introduce etherium-based NFT platform, reports said.
The company is expected to announce its first-quarter results on June 8. On average, 5 analysts polled by Thomson Reuters anticipate GameStop to report net loss of $0.71 per share in the quarter.
Six analysts expect the company to report revenues of $1.13 billion during the first quarter.
The stock is currently trading at $240.33, up $30.90 or 15% on the NYSE. GME has traded between $3.77 and $483.00 in the past 52 weeks.
Stock Alert: GameStop Rises 15%
2021-05-26 14:31:19