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GameStop shares fall 12% as company says it may sell stock to fund transformation



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Investors are finally getting a look at GameStop’s fundamentals following a Reddit-fueled trading frenzy earlier this year.Here’s what the company did after the bell Tuesday.It released fiscal fourth-quarter results that missed Wall Street’s estimates on the top and bottom lines.In its latest executive shake-up, the company named former Amazon and Google executive Jenna Owens as its new chief operating officer.And in a hint of the transformation that’s got some investors excited about the stock, the company said global e-commerce sales jumped 175% last quarter and accounted for more than a third of its sales in the period. …

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