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GameStop Stocks Dip Following Retailer's 29% Sales Slump Announcement

🔵 #GameStop's first-quarter net sales dropped 29% to $881.8 million, with a narrowed loss of $32.3 million.

🔵 Plans to sell 75 million additional shares to raise capital alongside the existing 45 million shares.

🔵 Stock volatility saw a 30% surge in overnight trading, followed by a 20% drop.

🔵Anticipation around a YouTube livestream by Keith Gill, known as #RoaringKitty, influenced stock movement.

#Crypto #CryptoNews
BREAKING : #RoaringKitty (Keith Gill) files SEC 13G disclosing owning 6.6% of Chewy $CHWY.
Top #Cryptonews in Past 12 Hours

1️⃣Martin Radev dropped his lawsuit against Keith Gill, alias
#RoaringKitty, just three days after filing.

2️⃣Sony Group, one of Japan's largest companies, acquired Amber Japan, entering the
#cryptoexchange field.

3️⃣Nate Geraci confirmed that the US SEC received the 19b-4 application for the Hashdex Nasdaq Crypto Index US
#ETF.

4️⃣Northern Data, Europe's largest
#cryptomining company, considered an IPO in the US, valued up to $16 billion.

5️⃣
#Pendle's total locked value (TVL) fell 40% last week as users withdrew nearly $3 billion since Wednesday

6️⃣
#Polkadot's first-half financial report revealed spending $87 million (11 million DOTs), with $37 million on marketing

7️⃣
#Bitcoin spot ETFs saw a total net inflow of $129 million on July 1, continuing for 5 days.