GameStop Corp (NYSE:GME) shares are trading higher by 3.07% to $25.40 Monday morning, despite a lack of company-specific news. The stock may be rising in anticipation of the company’s first-quarter earnings report, confirmed for Wednesday’s after-hours session.
According to analyst consensus estimates, GameStop is expected to report an EPS loss of 12 cents on revenue of 1.36 billion.
GME stock is rising on 2.4 million shares traded Monday morning. The stock meanwhile has a 100-day average volume of 4.4 million shares.
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GameStop is a U.S. multichannel video game, consumer electronics and services retailer.
According to data from Benzinga Pro, GME has a 52-week high of $47.99 and a 52-week low of $15.41.
