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0 -0.00119760479041914 -0.00718562874251482 -0.0131736526946107 0.00239520958083849 -0.0131736526946107 -0.00838323353293395 0.00598802395209589
Stock impact report

Why GameStop Stock Plunged 39% in January [The Motley Fool]

GameStop Corporation (GME) 
Last gamestop corporation earnings: 3/26 04:06 pm Check Earnings Report
Company Research Source: The Motley Fool
What happened GameStop ( NYSE:GME Global Market Intelligence. The stock has been in continuous decline since November 0, when it hit a peak of $.8. The last five years have been nothing short of disastrous for the company as it tries ways to turn around. But with no break in the flow of bad news, investors will probably begin to wonder if the company even qualifies as a value stock Image source: Getty Images. So what GameStop announced disastrous holiday sales results in mid-January, with a 7.% year-over-year decline compared with the holiday season a year ago. Comparable store sales didn't fare much better, slumping .7%, and the company said that these trends are indicative of the challenges facing the video game industry. With more games being sold directly through mobile devices and laptops, there seems to be less relevance for brick-and-mortar gaming merchandise retailers. The boom in esports means more people are logging onto their phones and laptops and paying to watch people b Show less Read more
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