GameStop, which was hit by a reddit investment frenzy last year, announced a surprise loss in the fourth quarter of 2021 and announced that it would launch a digital marketplace for NFT by the end of the second quarter of 2022.
More specifically, GameStop recorded an adjusted loss of $ 1.86 per share, while analysts expected earnings of 84 cents per share. Net sales rose 6.2% to $ 2.25 billion in the three months to January 29, with analysts expecting $ 2.23 billion. electronic transactions.
GameStop has suffered from a combination of supply chain issues and a “dark” corporate strategy. In recent years, the company has made a series of turns in its corporate concepts, with the reactions of investors and customers not always being positive.
Last month, the company announced a partnership with Australian gaming startup Immutable X to create a fund that supports NFT creators. In announcing the results, GameStop notes that it could provide Immutable with up to $ 150 million if the latter achieves specific goals.
Source: Capital
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