Gamestop

Last week has been a proverbial rollercoaster concerning the stock market thanks to two unlikely sources: GameStop and Reddit. It all started when the subreddit r/wallstreetbets discovered that hedge funds were short squeezing GameStop (GME) stocks. So they decided to buy the stocks up instead, which made prices skyrocket and eventually cost investors billions. Prices
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It’s no secret that Cyberpunk 2077 had an extremely rocky launch on consoles. The game had tonnes of framerate issues, graphical problems, gameplay glitches and hard crashes. This lead to developer CD Projekt Red (preemptively) offering refunds to all unhappy players. Initially, the refunds were refused by both Sony and Microsoft, however, both companies later
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On Thursday, March 19, Pennsylvania Governor Tom Wolf announced that all businesses except for those considered to be “life-sustaining” are to be closed to help combat the spread of coronavirus throughout the state. This comes within days of both Governor Gavin Newsom of California and Governor Andrew Cuomo of New York, who announced similar state-wide
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It’s no secret that Gamestop has been struggling lately. Between digital marketplaces taking up more sales and repeated changes in infrastructure to modernize the brand, Gamestop has been floundering. It may not be surprising then, that the company has taken on some new members to help guide it back to success. Along with appointing former
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Capcom excited Resident Evil fans today by revealing that a remake of Resident Evil 3 will release next April alongside the previously revealed Resident Evil Resistance. Following that announcement, GameStop and Capcom confirmed that they are collaborating to create Resident Evil 3: Collector’s Edition. The special version of the game is a GameStop exclusive, limited
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It seems like GameStop is about to have to deal with a lot of angry Kingdom Hearts fans in the coming days. The popular video game retailer GameStop announced today via Twitter that it accidentally oversold pre-orders for the upcoming limited edition Kingdom Hearts III PS4 Pro that many hardcore fans have surely been after. This comes
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Few indie games are able to command the internet’s attention on the level that Bendy and the Ink Machine has. Doki Doki Literature Club, Five Nights at Freddy’s, and Undertale certainly make the list, but something about Bendy, the game’s Golden Age art style, and the elaborate horror story underneath has flooded store shelves and YouTube channels. However, unlike the previously-listed
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It’s been a whirlwind week for the newly announced Mortal Kombat 11. In a new leak, GameStop Italy has overshared in the game’s listing offering a brand new render and unreleased details on the upcoming game. Seen on GameStop Italy’s listing of Mortal Kombat 11 Premium Edition (which is archived here) a more detailed description adds some details
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Video game retailer GameStop announced this morning via press release that the company’s current CEO Michael K. Mauler has stepped down. Mauler cited personal reasons as his purpose for leaving from his CEO role. His departure comes as quite a surprise considering that he had only just started as GameStop’s CEO in February of this year. Mauler’s
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During GameStop’s quarterly financial conference call for investors and analysts, the retailer’s executives gave some interesting insight on the contribution of the Nintendo Switch to the pre-owned market. Interim CEO Daniel DeMatteo mentioned that the Switch is showing a different dynamic compared to what was seen four years ago with PS4 and Xbox One. According to GameStop’s expectations,
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Today, during its quarterly conference call for investors and analysts, GameStop Executives talked in depth about the sales of Nintendo’s new Switch console at the retailer’s stores. Interim CEO Daniel DeMatteo mentioned that the retailer’s results are driven by “continued momentum” of the Nintendo Switch. Demand remains strong, and the retailer expects to see continued strong demand
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Popular retailer GameStop disclosed today its financial results for third quarter of 2017, which ended on October 28th (GameStop uses a different calendar than most companies). During the financial conference call for investors and analysts, the company’s executives talked about the performance of Microsoft’s new Xbox One X console. First of all, Chief Financial Officer Robet
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