GameStop’s bitcoin holdings — and sales — slide

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Shares of GameStop Corp. dropped more than 5% in the extended session Tuesday after the specialty retailer showed sliding quarterly sales and profits, and saw the value of its bitcoin holdings drop as well.

GameStop, whose shares

GME were among the first to gain a massive social-media following and turn into a “meme stock,” reported a third-quarter profit of 24 cents a share on sales of $821 million.

This post was originally published on Market Watch

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