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Benzinga
Benzinga
Business
Dylan Berman

GameStop Shares Are Trading Higher Wednesday: What's Going On?

Strong Earnings Report

GameStop Corporation (NYSE:GME) shares are trading higher Wednesday after the company reported better-than-expected second quarter financial results and announced a special dividend of tradable warrants.

What To Know: GameStop reported adjusted earnings per share of 25 cents, beating the consensus estimate of 16 cents. In addition, the company reported sales of $972.2 million, beating the consensus estimate of $823.24 million.

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