Here's Why GameStop And Wells Fargo Are Popping Off Today

GameStop Corp. GME shares are trading higher by 17% at $165 after the company announced a notice of redemption of $216.4 million in principal amount of its 10% senior notes due 2023 Wednesday.

GameStop is a video game and consumer electronics retailer. The company operates across Europe, Canada, Australia and the United States.

Wells Fargo & Co WFC shares are trading higher by 5% at $42 after the company reported better-than-expected first-quarter EPS and sales results.

Wells Fargo reported quarterly earnings of $1.05 per share which beat the analyst consensus estimate of $0.70 by 50%. The company also reported quarterly sales of $18.06 billion which beat the analyst consensus estimate of $17.50 billion.

Wells Fargo provides banking, investment, mortgage, and consumer and commercial finance products and services to individuals, businesses, and institutions in the United States and internationally.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsMoversTrading Ideas
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!