GameStop is still a sale, analysts say, after earnings calls

The GameStop store signage is seen on January 27, 2021 in New York City.

Michael M. Santiago | Getty Images News | Getty Images

Analysts sparked frustration Wednesday morning after GameStop executives refused to answer questions about one of the most volatile businesses so far this year.

Often a disinfected, dry group, Wall Street analysts did not stop to express their frustration with GameStop CEO George Sherman and the video game retailer’s decision to skip a question and answer session on Tuesday. which usually occurs at the end of a win call.

“While everyone was expecting great news about some massive digital transformation in the model of the new technology-oriented board members, nothing was said,” wrote Joseph Feldman of the Telsey advisory group.

Shares last fell more than 16% Wednesday morning.

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