GameStop Shares Plunge Over 14% After Revenue Decline

ToplineThe value of GameStop’s stock continued to decline on Wednesday after the video game retailer—often the focus of meme stock trading since a viral 2021 rally—reported a decline in sales, dropping the company’s market capitalization by $2 billion.The video game retailer said it would sell 20 million shares to fund future investments and ... [+] acquisitions.Getty Images Key FactsShares for GameStop fell by over 14$20 as of 2:40 p.m. EDT, adding to a 3.3% loss on Tuesday. As of Wednesday’s s ...