GameStop Corp. is trading 7% up at $22.40 in after-hours sessions following the release of record quarterly earnings and the announcement of a major share buyback program.
- The company reported its highest-ever quarterly net income of $389.6 million for Q1 2026, a significant increase from $44.8 million in the same period last year.
- GameStop's board also unanimously approved a new $2.0 billion share repurchase authorization, replacing a previous program.