GameStop slides on digital download worries

By | January 12, 2016

Scalper1 News

GameStop (GME) stock tumbled on Tuesday after the company’s holiday sales report renewed concerns about the impact of digital downloads on its game software sales. GameStop dipped 5.1% to 27.88 on the stock market today. In intraday trading, GameStop fell as much as 10.4% to 26.31, its lowest price in nearly three years. The Grapevine, Texas-based retailer said its sales for the nine-week holiday period ended Jan. 2 rose 1.8% year over year to Scalper1 News

Scalper1 News