Video game retailer GameStop reported mixed third quarter earnings after the close Tuesday $GME stock has been a hot stock in 2020 with investors like Scion’s Michael Burry and Chewy’s Ryan Cohen and is one of the most heavily shorted stocks on the market with approximately 90% of the shares in lending programs. $GME fell 20% on the report.
Video game retailer GameStop reported first quarter earnings with a better EPS but missed on sales down 13% year-over-year to $1.5 billion seeing $GME plunge 40%. While escapism is in vogue, Fortnite and online has changed the landscape.
Escapism is in vogue and Fortnite has changed the landscape. Nintendo Switch, Sony PS4, Microsoft XBox and PC games are all bringing us powerful gaming systems. Which games will keep us playing, here’s my 5 Most Anticipated Video Games for 2019.