GameStop stock falls after earnings, and Wall Street bear says ‘still no turnaround strategy in sight’
December 09, 2021 at 09:45 AM EST
Shares of GameStop Corp. slumped Thursday, in the wake of the videogame retailer's fiscal third-quarter report, and while analyst Michael Pachter at Wedbush expressed some optimism about the outlook for next year, he still believes valuations warrant a bearish rating.