GameStop craters on Q3 sales, earnings miss

By | November 23, 2015

Scalper1 News

Video game retailer GameStop (GME) on Monday missed Wall Street’s fiscal third-quarter sales and earnings targets as digital downloads took a bigger bite of physical game software sales. GameStop stock plunged as much 17% in morning trading on the stock market today, hitting a 10-month low near 32.50, but was down 9% in midday trading, near 35.50. The Grapevine, Texas-based company earned 54 cents a share on sales of $2.02 billion for the quarter Scalper1 News

Scalper1 News