NASDAQ:NEGG - Nasdaq - VGG6483G1000 - Common Stock
Shares of video game retailer GameStop (NYSE:GME) jumped 8.5% in the morning session after the company reported impressive third-quarter earnings, which blew past analysts' expectations. Its gross margin also outperformed Wall Street's estimates, fueled by a pivot to high-margin products and better control over stock levels. On the other hand, its revenue fell short. Overall, this quarter had some key positives.
Newegg Commerce shares are trading higher by 9.4% during Monday's session. The company announced that the presale for its tenth annual FantasTech Sales event is now live.