(Reuters) - Shares of Reddit-darling GameStop Corp fell more than 13% before the bell on Wednesday, a day after the videogame retailer said it may raise funds through a share sale.
Wedbush analysts downgraded the stock to “underperform” from “neutral” after the quarterly results, saying the short squeeze has boosted the share price to levels that are completely disconnected from the fundamentals of business.
Reporting by Munsif Vengattil in Bengaluru; Editing by Arun Koyyur
"share" - Google News
March 24, 2021 at 05:39PM
https://ift.tt/31eM9fe
GameStop tumbles as Reddit darling considers share sale - Reuters
"share" - Google News
https://ift.tt/2VXQsKd
https://ift.tt/3d2Wjnc
Bagikan Berita Ini
0 Response to "GameStop tumbles as Reddit darling considers share sale - Reuters"
Post a Comment