GameStop (NYSE: GME) swung to a loss in the first quarter of 2020, hurt by COVID-19 pandemic. The company’s adjusted loss was wider than market’s expectations and revenue fell shy of the estimates. GME stock fell about 2% immediately after the earnings announcement.
GameStop suspended the fiscal 2020 outlook. At the end of May 2020, the company had approximately 85% of its U.S. locations open to limited customer access or curbside delivery and approximately 90% of its international locations open.
Netflix (NASDAQ: NFLX) has for long been the undisputed king of the streaming space. The streaming industry is seeing massive growth with several new players entering the field. It also
The demand for services that involve minimal human interaction is on the rise as people continue to practice social distancing. Fastenal Co. (NASDAQ: FAST), a market-leading supplier of vending machines,
HEXO Corp. (NYSE: HEXO) reported its third-quarter 2021 earnings results today. Net revenue rose 2% year-over-year to CAD22.6 million. Net loss narrowed to CAD20.7 million from a loss of CAD19.5