After the highly anticipated annual meeting of GameStop failed to provide any specific details on the video game retailer’s future intentions, the stock fell to session lows on Monday.
With no in-depth comments regarding the company’s strategies, the rescheduled shareholder event concluded, sending the meme stock plunging more than 12%. During the roughly 30-minute meeting, no shareholders were given the opportunity to ask questions. At $23.75, shares saw a 17% decrease.
Source (CNBC)
