Get daily stock ideas top-performing Wall Street analysts. Copyright, Trademark and Patent Information. Let's conquer your financial goals together...faster. Should You Avoid GameStop No Matter How Good the Price? Becoming an Amazon competitor is an interesting development. "These closures, along with the growth in our online business and expanded omni-channel capabilities, will allow us to more efficiently and profitably service our customers," Bell said. GameStop Now Taking Pre-Orders for Sony PlayStation®5 and Sony PlayStation®5 Digital Edition, GameStop Reports Second Quarter Results And Strong Progress Toward Strategic Objectives, GameStop Announces Second Quarter Fiscal 2020 Earnings Release Date, GameStop Now Requiring All Customers to Wear Face Coverings in U.S. Stores, GameStop Announces Expiration and Final Results of the Exchange Offer and Consent Solicitation, Game Informer Says Goodbye to Editor-in-Chief, Andy McNamara, GameStop Announces Receipt of the Requisite Consents for the Exchange Offer and Consent Solicitation and the Extension of the Early Tender Date for the Exchange Offer, GameStop Reports Preliminary Voting Results from Annual Meeting of Stockholders, GameStop Announces Exchange Offer and Consent Solicitation, GameStop Announces First Quarter Fiscal 2020 Preliminary Results, GameStop Announces Change of Location of Annual Meeting of Stockholders to Be Held on June 12, 2020, GameStop Recommends Stockholders Vote the BLUE Proxy Card to Support ALL of GameStop’s Independent, Experienced and Highly Qualified Directors, GameStop Announces First Quarter Fiscal 2020 Earnings Release Date. Additionally, management said on the earnings call today that they are excited that the PS5 and Xbox Series X have disc drives, which is good news for GameStop's pre-owned business. As of 10:20 a.m. EDT, the stock is up 16% to $10.15 per share. Learn everything you need to know about successful options trading with this three-part video course. But it's spiked as high as $11.16 today, as of this writing. Get the latest GameStop Corporation (GME) stock news and headlines to help you in your trading and investing decisions. 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There will also be an all-digital PS5 and a disc-free Xbox Series S console. Learn about financial terms, types of investments, trading strategies and more. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Can GameStop Stay Relevant Through the Next-Gen Disruption? Access the latest information and news concerning GameStop's strategic initiatives across its family of specialty retail brands. © 2020 Benzinga.com. Benzinga does not provide investment advice. For the year to date, GameStop has closed 388 stores worldwide, and this includes shutting down all of its operations in Denmark, Finland, Norway, and Sweden. Expressed willingness to be more involved under certain circumstances, said in a SEC filing. What's great about exploring business and the economy is the insight it gives you into how things are in the world. At the time, it wasn't clear whether Cohen would take on an activist-investor roll. But according to a new filing with the Securities and Exchange Commission (SEC), Cohen has been talking with GameStop management -- he doesn't plan to be a passive investor. 326 E 8th St #105, Sioux Falls, SD 57103 | [email protected] | (844) 978-6257 In the past three months, GameStop closed 206 stores worldwide. 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