Monday, November 23, 2015

GameStop Had A Terrible Third Quarter

GameStop announced a disappointing Q3 (third quarter) results. GameStop blamed the poor results on software and hardware which it claimed had been weaker than they had expected. Shares in the company dropped by 18% this morning while hardware sales dropped 20% and software sales dropped 9%. What do you think of this ? Could this be due to the rise in people purchasing there games digitally ?

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