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Added on the 22/05/2019 15:45:19 - Copyright : Wochit
New York, Jan 27 (EFE/EPA).- Gaming retailer GameStop's shares continued to skyrocket on Wednesday in New York, as an army of amateur traders are beating Wall Street's sophisticated investors at their own game. The electronic game retailer has seen its stock price soar from $3.25 in April 2020 to close at $347.51 on Wednesday.The company has drawn interest from investors in online chat groups and created as much as $3 billion in value losses for short sellers. (Camera: ALBA VIGARAY). B-ROLL OF GAMESTOP STORES AND WALL STREET IN NEW YORK, US.
On Wednesday, Lowe's reported quarterly same-store sales growth of more than 30%. Sales for the third quarter were $22.3 billion. That's compared to $17.4 billion in the same quarter in 2019. Lowe's said their online sales doubled in the third quarter. The company's earnings of $1.98 per share were one cent short of estimates from analysts, and its shares fell. Lowe's net income fell to $692 million, or 91 cents per share, for the quarter ending October 30, 2020.
Ty Dolla $ign marked the one-year anniversary of late rapper Nipsey Hussle's death by sharing an unreleased collaboration featuring his posthumous vocals and Cardi B.
Apple revises fourth quarter expectations, saying revenues could come in lighter than current forecasts, and misses some targets for iPhone sales, putting pressure on its stock despite an overall earnings beat. Bobbi Rebell reports.
Apple said, fourth quarter revenues could come in lighter than current forecasts, and missed some targets for iPhone sales, putting pressure on its stock despite an overall earnings beat. Bobbi Rebell reports.