GameStop's (GME) Shows Lack Of Confidence In Management

GameStop's (GME) large drop is indicative of possible lack of confidence in the new management team, notes Jim Worden. He and Sandra Cho discuss the major takeaways from GME's disappointing earnings. They talk about what management changes mean for GME. Jim mentions that GME needs to improve in order to attract more institutional investors. They also go over how GME's transition costs for European restructuring for 1Q were $14.5M. They also compare GME to other video game stocks such as GameStop (GME), Roblox (RBLX), Electronic Arts (EA), Activision Blizzard (ATVI), and Take-Two Interactive (TTWO). Tune in to find out more about the stock market today.