GameStop Stock Slides as Sales Decline
1. GameStop's quarterly revenue declined 17% to $732.4 million. 2. Adjusted earnings dropped significantly from previous quarter's $136.4 million. 3. Shares fell 5% in after-hours trading, indicating investor concern. 4. No additional bitcoin purchases since prior disclosure of 4,710 bitcoin. 5. GameStop plans to issue $1.3 billion in convertible bonds.