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Stock impact report

Will GameStop Ever Turn Things Around? [The Motley Fool]

GameStop Corporation (GME) 
Last gamestop corporation earnings: 3/26 04:06 pm Check Earnings Report
Company Research Source: The Motley Fool
Will GameStop Ever Turn Things Around? GameStop ( NYSE:GME long-term headwinds These negative trends have caused GameStop shares to lose more than three-quarters of their value since late 0. The video game specialist's poor earnings report caused the stock to plunge into single-digit territory in after-hours trading on Tuesday. GameStop Stock Performance, data by YCharts That said, GameStop isn't necessarily doomed. However, investors will probably have to wait for the arrival of next-generation game consoles from Sony NYSE:SNE Microsoft NASDAQ:MSFT Expecting another weak year in fiscal 09 Back in late November, GameStop reported solid growth in comparable store sales and adjusted earnings for the third quarter of fiscal 08. Nevertheless, it slashed its full-year earnings guidance, calling for adjusted earnings per share of $. to $.7 compared with a prior guidance range of $ to $.. Management attributed the shortfall to a revenue mix shift toward lower-margin hardware and the underper Show less Read more
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