GameStop stock dips after it reports quarterly financial loss
CBSN
GameStop remains a hot property among retail investors eager to snap up the "meme stock," but its financial results continue to cool.
The video game seller on Friday reported a loss of $32.3 million on revenue of $882 million in its fiscal first quarter, compared with a loss of $50.5 million on sales of $1.2 billion in the year-ago period.
GameStop shares have soared in recent weeks after Keith Gill, a popular trader who touts his results online under the monikers "Roaring Kitty" and "DeepF_Value," resurfaced on social media after a long hiatus.
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