Loss for Game Stop

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Loss for Game Stop
Photo: John Minchillo/AP/TT

Speculation is raging wild again in Game Stop stock, listed on the US stock exchange. But the company's business is no walk in the park.

The company, which operates video game stores, reported a loss of $32.3 million for the first quarter, equivalent to 335 million kronor, according to Bloomberg. Sales fell by 29% to $882 million.

Game Stop stock has once again become the center of wild speculation, with large price movements without any news about the company itself, via among other things the American website Reddit.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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