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Benzinga
Benzinga
Business
Henry Khederian

GameStop Stock Is Surging Monday: What's Going On?

New,York,Ny - usa-january,22,,2011,A,Gamestop,Video,Game,Store

GameStop Corp (NYSE:GME) shares are trading higher Monday afternoon, gaining over 19% in the past month. The momentum follows the video game retailer's second-quarter earnings report, which surpassed Wall Street expectations.

What To Know: The company earlier this month posted earnings of 25 cents per share on revenue of $972.2 million, easily beating consensus estimates and signaling positive traction in its turnaround efforts.

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