GameStop Corp
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Consumer Discretionary : Specialty Retail | Mid Cap Blend
Company profile

GameStop Corp. is an omnichannel video game retailer. The Company sells video game hardware, physical and digital video game software, video game accessories, as well as mobile and consumer electronics products and other merchandise through its GameStop, EB Games and Micromania stores. It operating segments, which consists of Video Game Brands segments: United States, Canada and Australia and Europe. Each of the Video Game Brands segments consists primarily of retail operations, with all stores engaged in the sale of new and pre-owned video game systems, software and accessories, which it refers to as video game products. Its Video Game Brands stores sell various types of digital products, including downloadable content, network points cards, prepaid digital, and also sell certain mobile and consumer electronics products and collectible products.

Closing Price
$204.97
Day's Change
-1.40 (-0.68%)
Bid
--
Ask
--
B/A Size
--
Day's High
212.49
Day's Low
200.78
Volume
(Above Average)
Volume:
3,950,643

10-day average volume:
3,503,949
3,950,643

GameStop stock extends bounce off 2-month low, set to snap 5-day losing streak

8:23 am ET July 16, 2021 (MarketWatch)
Print

Shares of GameStop Corp. (GME) jumped 3.4% in premarket trading Friday, to extend a bounce that started late in the previous session (http://www.marketwatch.com/story/bloodied-but-unbowed-some-retail-traders-holding-meme-stocks-are-fighting-back-after-brutal-week-11626376854), and them on track to snap a five-day losing streak. On Thursday, the videogame and consumer electronics retailer's stock was down as much as 5.7% at a two-month low in afternoon trading, before recovering to close down just 0.5%. Still, the stock had shed 12.8% over the past five trading days, and has tumbled 22.1% as it has declined in nine of the past 10 sessions. The stock's bounce comes after AMC Entertainment Holdings Inc.'s (AMC) fellow meme stock reversed an intraday loss of as much as 3.9% on Thursday to close up 7.7%, and to snap a four-day losing streak in which it tumbled 30.3%. AMC shares were up 3.7% ahead of Friday's open. Over the past three months, GameStop's stock has gained 7.8% while AMC shares have rocketed 285.9%. The S&P 500 has tacked on 4.2% the past three months.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

	

(END) Dow Jones Newswires

July 16, 2021 08:23 ET (12:23 GMT)

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