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Stock impact report

Has The GameStop Bear Finally Won By Killing Technology Brands? [Seeking Alpha]

GameStop Corporation (GME) 
Last gamestop corporation earnings: 3/26 04:06 pm Check Earnings Report
Company Research Source: Seeking Alpha
Has The GameStop Bear Finally Won By Killing Technology Brands?SummaryGameStop announced holiday sales today and reiterated its 2017 adjusted operating earnings guidance for Technology Brands.However, GameStop is taking an impairment charge of $350-400 million primarily against the Technology Brands business.This impairment charge completely eliminates all of GameStop's 2017 profit.Expect near-term stock price negative pressures.The bull case for GameStop has definitely weakened. Show less Read more
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