GSI Commerce Inc. (GSIC) reported a second quarter net loss of $0.27 per share after the close Wednesday, compared to a loss of $0.43 in the prior year. GSI Commerce Inc. gapped open higher Thursday and climbed during the first half hour of trade. Shares advanced further in the early portion of the afternoon and closed up by $2.07 at $18.31 on above average volume. The stock broke out past resistance and set a new high for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.