The Latest Breaking News from GameStop

Popular meme stock GameStop (GME) recently announced a 4-for-1 stock split, which buoyed its stock. However, given its bleak financials, will it be wise to invest in the stock now? Read on to find out….

GameStop's chief accounting officer, Diana Saadeh-Jajeh, will replace CFO Michael Recupero, the company said in a Securities & Exchange Commission filing.

Stock futures edge lower with jobs data in focus; Wage growth key as hiring slows amid recession fears; Twitter shares tumble on report that musk takeover in 'serious jeopardy'; GameStop slumps after retailer fires CFO, reportedly plans more job cuts and former japan Prime Minister Shinzo Abe dies after being…

The Nasdaq jumped 1.3%, the S&P 500 rose 0.9% and the Dow Jones Industrial Average added 0.6%.

Hints of a rate hike pause, buried deep in yesterday's Fed minutes, lift U.S. stocks to a fourth consecutive session of modest gains.

GameStop will pay a three-share dividend to investors on July 21, with the stock trading on a split-adjusted basis the following day.

Stock futures nudge higher after Fed minutes; Samsung posts strongest quarterly profit in four years; Seagen shares jump on report of $40 billion takeover by Merck; GameStop share surge after 4-for-1 stock split plans and Boris Johnson to resign, but seek to stay on as prime minister until autumn.

At 9:12 a.m.

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Benzinga Pro data, GameStop (NYSE:GME) reported Q1 sales of $1.38 billion. Earnings fell to a loss of $157.90 million, resulting in a 7.05% decrease from last quarter.

On Friday, the House Financial Services Committee released a report on the 2021 stock market drama surrounding Reddit’s WallStreetBets, the trading app Robinhood Markets Inc (NASDAQ: HOOD), trading firm Citadel Securities and high-flying stocks like GameStop Corp. (NYSE: