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Jefferies slams GameStop’s growth prospects

Yahoo Finance Live’s Brian Sozzi discusses a team of analysts at Jefferies weighing in on GameStop stock.

Video Transcript

[AUDIO LOGO]

BRIAN SOZZI: All right staying on tech. The team at Jefferies has combed through GameStop's latest 10-Q filing and aren't liking what they saw. Says Jefferies, "The long-term growth prospects and lack of communication from management remain a key source of speculation. We take a proven approach, as we are not currently modeling profitability until the fourth quarter of 2023."

[MUSIC PLAYING]