GameStop Trading Volume Surges 70% to $219 Million, Ranked 406th Despite Stock Price Dip

Generated by AI AgentAinvest Market Brief
Tuesday, Mar 25, 2025 8:02 pm ET1min read

On March 25, 2025, GameStop's trading volume reached $219 million, marking a 70.28% increase from the previous day. This surge placed

at the 406th position in terms of trading volume for the day. However, the stock price of GameStop (GME) fell by 0.82%.

GameStop reported its fourth-quarter and fiscal year 2024 earnings, revealing a net sales figure of $3.823 billion for the fiscal year, down from $5.273 billion in the previous year. The company's selling, general, and administrative expenses for the fiscal year 2024 were $1.130 billion.

In the fourth quarter, GameStop's net sales amounted to $1.283 billion, a decrease from $1.794 billion in the same period the previous year. Despite this decline in net sales, the company reported a significant increase in net income for both the quarter and the fiscal year.

GameStop's earnings per share (EPS) for the fourth quarter were $0.29, surpassing analyst estimates of $0.09 by $0.20. The company's revenue for the quarter was $1.28 billion, falling short of the estimated $1.477 billion.

Following the release of its fourth-quarter earnings, GameStop's shares experienced a notable jump in after-hours trading. The company reported earnings of $131.3 million for the fiscal fourth quarter, with a profit of 29 cents per share.

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