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The GME stock slumps 10% in 3 months as core sales sink despite cost cuts, collectibles gains and strong cash reserves.
GameStop Corp. GME and Best Buy Co., Inc. BBY stand at very different crossroads in the retail landscape. GameStop, once heavily dependent on physical video game sales, is in the midst of a deep ...
(Reuters) -Videogame retailer GameStop reported a decline in first-quarter revenue on Tuesday as customers increasingly opted for digital downloads over purchases at its brick-and-mortar stores ...
So-called meme stocks first entered the investing landscape in early 2021, most notably when shares of GameStop went from ...
Image source: Getty Images. When GameStop's troubles began GameStop's troubles began well before the short squeeze as the move to digital hurt revenue growth. The situation worsened during the ...
Key Takeaways GameStop posted a surprise profit but continues to lose revenue in core retail.The company is shifting into ...
GameStop Corp (GME) shares dropped after-hours on Tuesday as the video game retailer reported mixed results for its first quarter, showing significant operational improvements amid a decline in ...
GameStop Corp.’s GME collectibles segment stood out as the strongest performer in the first quarter of fiscal 2025, highlighting growing consumer engagement beyond traditional gaming products. Net ...