Following the resignation of CFO Thomas Seifert, AMD's stock fell about 10 percent in Tuesday trading and landed at $3.62, a 41-month low. The market capitalization is now $2.56 billion and below the market capitalization of …
As of this writing, GameStop's stock has taken a near 7 percent hit in one day, falling to $23.12 per share. GameStop’s sales during the nine-week holiday period ending December 29, 2012 fell by 4.6 percent when compared to the same …
the company's stock has fallen 26 percent in 2012 and is among the most shorted in the Standard & Poor's 500-stock index. While GameStop still controls about two-thirds of the retail market, players increasingly download games from …
This time last year, GameStop was riding high on holiday sales that were up 22 percent year-over-year. Not so for the start of 2010. The game retailer said 2009 holiday sales reached $2.86 billion — meaning no growth vs. 2008. And while …
GameStop is looking for new ways to monetize its assuredly massive overstock of secondhand games. A program like this — which, at this point, has the feel of a public beta test — could help to shrink that stock while creating a new …
Last March, against a backdrop of slouching sales and falling stock prices, GameStop announced that it would close up to 190 of its 6,600 + stores. The chain is undeniably feeling the pain that has marked the retail industry more broadly in …
Bob Ciura: Specialty retailer GameStop (NYSE:GME) has had a brutal run lately. The video game stock is down 28% in the past year, as investors are increasingly worried about the future of physical video games. In an age in which more …
In stock terms, the net income for the retailer landed at 50 cents per share, a decline from last year’s 58 cents per share. GameStop, the world’s largest video game retailer, reported less than desirable third-quarter profits last month, placing …
After years of disappointing sales, uninspired product launches, and even some doomsday predictions, Nintendo has reversed course -- evidenced no more forcefully than the 8-year high that its stock price reached by the end of this …