GameStop shares rise about 5% as eBay investment boosts Q2 profit

GME -1.90%

1. 1GameStop (GME) shares rose about 5% in early trading Monday
2. 2Conversion of eBay (EBAY) derivatives into stock yields roughly $238 million gain, with net income expected at $290 million to $310 million
3. 3While the eBay stake drives net income, revenue is expected to fall to $780 million to $800 million from $972.2 million a year earlier

Source Yahoo Finance +3 · View original ↗

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