GameStop swings to a profit in Q1 as revenue miss weighs on shares

  • GameStop Corp (NYSE:GME) shares moved lower after Tuesday's closing bell as the video game retailer reported a year-over-year drop in sales for the first quarter. Sales for the period ended May 3 were $732.4 million, down from $881.8 million in the year-ago quarter and missing Street forecasts of about $750 million.