GameStop Corporation GME shares are trading higher Tuesday. The company is set to report its second-quarter financial results after the market close on Wednesday.
What To Know:
GameStop shares are moving higher Tuesday on above-average trading volume. According to data from Benzinga Pro, more than 715 thousand shares have already been traded in the session, compared to the stock's 100-day average of 3.658 million shares.
GameStop will report its second-quarter financial results after the market close on Wednesday. According to estimates from Benzinga Pro, GameStop is expected to report a loss of 14 cents per share and revenue of $1.14 billion.
GameStop shares continue to draw the attention of short-sellers with 19.12% of available shares are being sold short.
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GME Price Action: According to Benzinga Pro, shares of GME are up 4% at $19.16 at the time of publication.
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