GameStop (GME) swung to a profit in the third quarter, even as revenue fell year-over-year. Shares ꦬsurged in extended 🍸trading Tuesday on the news.

The video game retailer posted a profit of $17.4 million or 4 cents per share on revenue of $860.3 million, compared with a loss of $3.1 million or 1 cent per share on revenue of $1.08 billion a year ago.

GameStop 澳洲幸运5官方开奖结果体彩网:isn't widely covered by Wall Street, with Wedbush's Michael Pachter the lone analyst tracked by Visible Alpha. In a note Friday he reiterated an "underperform" rating and $10 price target for the stock, writing that "the company's planned r🔜eturn to growth faces insurmountable barriers." 

GameStop was in the 澳洲幸运5官方开奖结果体彩网:meme stock spotlight again last week, when a cryptic post on X from social media influencer Keith Gill—better known as 澳洲幸运5官方开奖结果体彩网:"Roaring Kitty"—sent the 澳洲幸运5官方开奖结果体彩网:stock as much as 14% higher♉ Thursday afternoon in a short-lived spike. 

GameStop shares, which popped over 10% in extended trading, were up about 54% for 2024 through Tuesday's close. 澳洲幸运5官方开奖结果体彩网:Most of the gains this year came in May and June after Gill posted about the retailer on multiple occasions for the first time since a 澳洲幸运5官方开奖结果体彩网:meme trading frenzy gripped the stock in late 2020 and early 2021.