GameStop Reports Q4 Sales Slump; Will Shut Stores

GameStop’s (NYSE: GME) stock dropped slightly following the release of the company’s fourth quarter and fiscal 2016 results, and an announcement that it would be closing some of its outlets. For the quarter, which ended Jan. 28, the video game retailer posted revenue of $3.05 billion, 14% less than it brought in during the same period the previous year. …read more

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