Video game retailer GameStop Corp has revealed that it was issued a subpoena by the U.S. securities regulator back in August.
GameStop was subpoenaed for documents on an investigation into its share trading activity.
GameStop also reported a bigger-than-expected quarterly loss.
GameStop’s shares were down 4.4% at $166 in extended trading, after having gained more than nine times so far this year.
On an adjusted basis, the company lost $1.39 per share in the third quarter ended Oct. 30, compared with estimates of a loss of $0.52 per share, according to Refinitiv IBES data.
GameStop’s overall revenue rose to $1.30 billion, beating estimates of $1.19 billion.
