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/biz/ - Business & Finance

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>> No.57991887 [View]
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57991887

>>57991443
>>57991332
>In other news, gamestop's recent earnings show that it has failed to match the loses of it's previous quarter. It's loses have infact fallen so substantially they're in the negative. This means it has now had a full year of falling loses, and can no longer claim the title of "underdog stock" as it once had. In addition, unlike many much more successful businesses, gamestop has not taken out any large loans, and instead payed off previous debts, leaving a staggering 1 billion in cash unutilized. Recent statments by the new CEO Ryan Cohen implies he has no intention to change course either. Just what does he think he's doing?

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