Wall Street, speech at the June 7, 2024 meeting

Major US stock indexes fractional declines have been reported in the last session of the week after diffusion US employment data for May.

The Dow Jones lost 0.22% to 38,799 points, while the S&P500 fell 0.11% to 5,347 points, setting a new all-time high of 5,375 points. Negative performance also for the Nasdaq (-0.23% to 17133 points).

Definitely a bad day for GameStop (-39.4% to $28.22), after the jump achieved in the previous session. The company reported fiscal Q1 2024/2025 figures, a period that closed with revenue falling and below consensus, while loss per share was higher than estimated. Furthermore, GameStop announced that it will continue to issue up to 75 million shares. Previously, the company had already placed 45 million shares, raising approximately $933.4 million.

This note is for informational purposes only, is subject to change at any time, and cannot be construed as a solicitation for public funding. The site does not guarantee the correctness and is not responsible for the use of the information contained in it.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top