GME stock is one of the biggest stock losers for this year with a fall of over 45%. GameStop Corp. (NYSE:GME) suffered as a result of gamers abandoning the company’s buy-sell-trade model that has been the foundation of its retail prowess.
Disappointing Q4 ResultsGameStop is beginning the year in a tough situation with more pressure as it nears the end of its product cycle for Xbox One and PlayStation. The company has projected a double-digit decline in sales this year as it is expected that consumers will hold purchases until new gear for the devices ...
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