News

It is no secret that GameStop (GME) is a victim of a growing trend that is draining its pockets. As gaming consoles have evolved to allow consumers to download games digitally, which is more ...
GameStop must be trying to clear out some space, because the national video game retailer is selling a huge assortment of AAA games, remakes, and recent releases for $15 and $30 as part of a new sale.
GameStop currently has over 300 physical games on sale for just $15. As part of their Quick Saves deal, select PS4, PS5, Xbox ...
Wall Street hedge funds and major investors were betting ... would continue on a drastically downward trend. GameStop had experienced declining sales amid an industrywide pivot from game ...
All this preorder madness for the Nintendo Switch 2 is giving me flashbacks to trying to get a Wii back in its heyday. If you ...
GameStop’s continued sales decline is due to two developments ... This inefficient use of capital exposes a major risk to shareholders as the business may eventually go bankrupt and cease ...
Although GameStop is generating income ... at NFT trading,” the analysts said in their note. Year over year net sales were down for the quarter for the company’s three main product categories.
It was a second major victory ... Together with a stock sale in May that saw 45 million new shares issued—only days after the cryptic memes were first posted—GameStop padded its accounts ...
Quarterly sales dropped to $881.8 million from $1.24 billion a year ago. GameStop did not hold a conference ... Big Wall Street hedge funds and major investors were betting against it, or shorting ...
Hammered by reduced foot traffic, declining physical game sales, and competition ... Target is another major discount retailer that competes directly with GameStop in the gaming space.
What Happened: Argentina soccer star Lionel Messi made a splash when he joined Major League ... MLS ticket sales and Apple-owned streaming platform AppleTV+. GameStop could soon be added to ...
GameStop even warned its investors in an SEC 10-K filing last year that digital gaming was a major threat to its business ... percentage of new video game sales,” said GameStop in the ...