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While GameStop has had a horrible year, the company finally have some good news as stock rose 5% in exceeded trading.
In a letter to shareholders, the company noted an update to their Reboot Plan which would reduce the amount of debt and costs within the company. The company also said they have improved their overall capital structure which allowed them to reduce their debt by $401 million and repurchase 38.1 shares in stock buybacks.
It’s officially the end of an era as Game Informer have announced they are shutting down after 33 years in circulation. This news was...
Confirmed by a store employee over on the GameStop subreddit, the company are now allowing locations to sell retro video game titles. Up until...
As confirmed this morning to the GameStop subreddit, the company will be closing down their distribution center in York Pennsylvania. All employees received WARN...
As first reported by Decrypt, GameStop will be shutting down their NFT marketplace effective February 2. The company noted that the main reason for...
