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GameStop stock falls after retailer reports mixed Q3

·1 min read
GameStop stock falls after retailer reports mixed Q3
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Shares of GameStop Corp. fell more than 3% in the extended session Wednesday after the specialty retailer reported mixed third-quarter earnings, showing a larger-than-expected quarterly loss and sales that were above estimates. GameStop said it lost $105.4 million, or $1.39 a share, in the quarter, compared with a loss of $19 million, or 29 cents a share, in the year-ago period. Sales rose to $1.3 billion from $1 billion a year ago, GameStop said, with growth in part attributed to "new and expan