GameStop stock soars after retailer posts first quarterly profit in two years

GameStop stock soars after retailer posts first quarterly profit in two years

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GameStop on Tuesday posted a quarterly profit for the first time in two years, finishing out the year on a high note after grappling with sales declines, inventory woes and cash flow pressure. Shares of the company jumped about 30% during after-hours trading. For the quarter ended Jan. 28, net…

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