GameStop Stock Sinks After Unexpectedly Releasing Results, Issuing More Shares

 Q1 FY24Analyst Estimates for Q1 FY24Q1 FY23 Revenue$882 million$900 million$1.24 billionDiluted (Loss) Per Share (11 cents)(10 cents) (17 cents) Net (Loss)($32.3 million) ($30.6 million)($50.5 million) GameStop Issuing More Shares GameStop said in a Securities and Exchange Commission (SEC) filing it would sell up to 75 million additional shares on top of the 45 million shares it recently sold for more than $900 million. The company had previously said that it would report first-quarter results after ma ...