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0 0.000906207521522409 0.000906207521522409 -0.000453103760761285 0.000906207521522409 -0.000453103760761285 0.00679655641141815 -0.000906207521522409
Stock impact report

Why Is GameStop Stock Down 38%? [Forbes]

GameStop Corporation (GME) 
Last gamestop corporation earnings: 3/26 04:06 pm Check Earnings Report
Company Research Source: Forbes
If you're in search of an upside with lower volatility than holding a single stock, consider the High Quality Portfolio . It has significantly outperformed its benchmark—a mix of the S&P 500, Russell, and S&P MidCap indexes—and has achieved returns exceeding 105% since its launch. Additionally, see – Navitas Crashes 55% In A Month: What's Next? Why the drop? At the heart of GameStop's downturn is a business model that remains tethered to physical gaming in an era that is rapidly moving beyond it. Fewer gamers are purchasing discs, fewer shoppers are visiting stores, and the conventional console cycle no longer provides the reliable revenue boost it once did. The company has also exited or reduced operations in several international markets, acknowledging the ongoing erosion in demand. While GameStop has aggressively trimmed costs and optimized operations, those initiatives haven't compensated for the declining top line, leading investors to question if the business can stabilize Show less Read more
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