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Viewing post by st1ckyfing3rs

st1ckyfing3rs 3 months ago neutral

Gamestop Q2 Earnings beat

- Revenue at $972M, up from $798 from last year

- Net income at $169M, WAY up from $15M last year

- Announces dividend of warrants, right to buy 1 share at $32 until October 2026

The warrant means shareholders get the option to buy more shares later at the fixed price, rather than getting a dividend or buyback, essentially betting the stock price will be above $32 by this time next year. Good idea?

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