GameStop Reports First Quarterly Profit in Two Years, Shares Soar

GameStop (GME) shares are soaring more than 30% after the electronics retailer posted its first quarterly profit in two years as it cut costs and reduced inventory.

GameStop Reports First Quarterly Profit in Two Years, Shares Soar
GameStop (GME) shares are soaring more than 30% after the electronics retailer posted its first quarterly profit in two years as it cut costs and reduced inventory.