GameStop intends to use the net proceeds for business purposes, which may include acquisitions and investments.
As discussed previously, Ryan Cohen has been shifting the corporate strategy towards used games, omnichannel and game accessories. However, GameStop is facing significant challenges in the rising ...
Taking a trip to GameStop to sell a game or buy a new one is nostalgic for many, but it may soon be even harder to find a location. The company announced a large number of locations will close.
Ryan Cohen disclosed a purchase in GameStop stock in 2020. The move kickstarted a rally in shares before a short squeeze in ...
The company said it is struggling to sell hardware in its stores around the world as more and more games are downloaded digitally if not simply ordered online. GameStop has announced that it will ...
GameStop has announced that it plans to shut down more stores amid dwindling sales. The retailer said it is struggling to sell new and used video game discs in-store as Americans shift toward ...
GameStop Corp. shares took a dive Wednesday after the videogame retailer surprised investors with a quarterly profit, but sales dropped more than 30% to below analyst expectations. The company ...
The value of GameStop’s stock continued to decline on Wednesday after the video game retailer—often the ... which the retailer said would be used for “general corporate purposes” that ...
GameStop shares trade for twice as much as its cash holdings. A GameStop analyst sees no strategy from the video game retailer or reason to hold shares. A GameStop Corporation GME analyst is ...
Shares in GameStop fell 12 per cent on the share sale this week ... Bed Bath & Beyond would work his magic on their beloved games retailer. But, so far, there is little evidence of change beyond ...
GameStop investors received a sobering wakeup call on Wednesday after the video game retailer saw its stock ... on cash received from the issuance and sale of shares of our common stock from ...
GameStop said it raised $2.14 billion in a stock sale, noting that it may use the proceeds for mergers and acquisitions. The company did not hold a conference call in conjunction with its earnings ...