GameStop stock pops 5% on Q2 beat, special dividend warrant
GameStop rose 5% after Q2 revenue jumped 22% to $972 million, ending seven quarters of declines. Collectibles surged 63%, while Nintendo Switch 2 drove 31% hardware growth. Profit hit $168.6 million as the retailer announced a special dividend, granting 1 warrant per 10 shares to buy stock at $32.