GameStop, Chewy, Nikola and more

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Pedestrians walk past a GameStop Corp. store in New York, U.S.

Bloomberg | Getty Images

Check out the companies making headlines after the bell.

GameStop — The video game retailer’s stock dipped 6% in extended trading after the company released its financial results for the first quarter. GameStop reported a loss of $1.61 per share excluding some items with revenue of $1.02 billion, while analysts polled by Refinitiv expected a narrower loss of $1.27 per share on revenue of $1.07 billion. The retailer’s comparable store sales declined 17%, excluding stores closed due to the coronavirus pandemic, but e-commerce sales jumped

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Stock futures flat as investors await Fed’s forecast on the economy

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U.S. stock futures were flat in overnight trading as investors await clarity on the state of the economy and further stimulus from the Federal Reserve’s policy meeting.

Dow futures rose 12 points, indicating a gain of 0.3% at the open Wednesday. The S&P 500 and Nasdaq were also set to open slightly higher, with gains of 2 points and 16 points, respectively.

The Dow Jones Industrial Average and S&P 500 were under pressure on Tuesday as stocks benefiting from the economic reopening fell broadly. The Dow fell 300 points or 1.1%, snapping a 6-day winning streak. The 30-stock average was

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NY Gov. Cuomo points to a spike in coronavirus cases in Florida as he urges caution in reopening

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With all of New York state now beginning to reopen nonessential businesses and ease restrictions, Gov. Andrew Cuomo urged the public on Tuesday to continue to take precautions to avoid a “spike” in cases as is happening in Florida and other states that reopened early.

“We’re in a new phase. We’re feeling good. We’ve done great, but we have to stay smart, because reopening resets the whole game,” Cuomo said. “When you reopen, when people start coming out, in some ways, you go right back to day one.”

New York, which was once the epicenter of the country’s outbreak, has

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New Jersey lifts stay-at-home order and allows larger gatherings, Murphy says

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New Jersey Governor Phil Murphy (D) speaks at the Coronavirus press briefing in Trenton.

Michael Brochstein | Barcroft Media | Getty Images

New Jersey Gov. Phil Murphy announced on Tuesday that the state is lifting its stay-at-home order that has been in place since mid-March and will allow for larger gatherings at both indoor and outdoor venues. 

“With more and more of our businesses reopening, we are no longer requiring you to stay at home, but we are asking you to continue being responsible and safe,” Murphy said at a press briefing. 

Murphy asked residents to continue wearing face coverings

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