{"id":623825,"date":"2010-01-07T10:16:52","date_gmt":"2010-01-07T15:16:52","guid":{"rendered":"http:\/\/www.businessinsider.com\/gamestop-stock-plummeting-on-revised-earnings-forecast-2010-1"},"modified":"2010-01-07T10:16:52","modified_gmt":"2010-01-07T15:16:52","slug":"gamestop-stock-plummeting-on-revised-earnings-forecast-gme","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/623825","title":{"rendered":"GameStop Stock Plummeting On Revised Earnings Forecast (GME)"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=acb9b914c03bb149c2ccfb00\" border=\"0\" alt=\"gamestop tbi\" \/><\/p>\n<p>GameStop (GME) stock is down 16% to just over $20 this morning after the company announced that it had slashed its fourth-quarter earnings forecast, <a href=\"http:\/\/www.marketwatch.com\/story\/gamestop-shares-plunge-on-slashed-outlook-2010-01-07?siteid=rss&amp;rss=1\">MarketWatch reports<\/a>.<\/p>\n<p>GameStop now projects earnings of between $1.25 and $1.29 per share, far short of both its own forecast and the analysts&#8217; consensus of around $1.57.<\/p>\n<p>The company blamed the economy, the weather, and &#8220;unexpected shortages of key products&#8221;.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/gamestop-stock-plummeting-on-revised-earnings-forecast-2010-1#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/gamestops-stock-plummets-as-walmart-slashes-video-game-prices-2009-12\">GameStop Plummets As Wal-Mart Goes Nuclear Cutting Game Prices<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/gamestop-slashes-guidance-after-blowing-quarter-2009-8\">GameStop Slashes Guidance After Blowing Quarter<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/best-buy-goes-after-gamestop-in-their-home-turf-2009-6\">Best Buy Goes After GameStop On Their Home Turf<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/o7wHMUVWQ38\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>GameStop (GME) stock is down 16% to just over $20 this morning after the company announced that it had slashed its fourth-quarter earnings forecast, MarketWatch reports. GameStop now projects earnings of between $1.25 and $1.29 per share, far short of both its own forecast and the analysts&#8217; consensus of around $1.57. The company blamed the [&hellip;]<\/p>\n","protected":false},"author":1306,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-623825","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-2ChH","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/623825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/1306"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=623825"}],"version-history":[{"count":0,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/623825\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=623825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=623825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=623825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}