GameStop shutters stores across California
GameStop is shutting down more stores in California. The video game, toy and collectible retailer has been struggling to find a way to thrive in a market where most of what it sells is…
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GameStop says CEO compensation package doesn’t include any guaranteed pay
GameStop is providing details on a new compensation package for CEO Ryan Cohen that is dependent on him meeting certain “significant” performance targets. The video game retailer said in a…
Microsoft hikes prices on GamePass. But GameStop will stick with the old rate.
Last week, subscribers of Microsoft’s Game Pass were in an uproar over plans to hike the price from $19.99 per month to $29.99. One of the most surprising reactions, however, came not from…
Why is GME stock down today? GameStop is betting $500 million on bitcoin, but investors aren’t buying it
GameStop is taking its promised bitcoin investment seriously—$500-million-worth-of-bitcoin serious, in fact. The video game retailer (which has also become a meme stock) announced the…
GameStop reports third-quarter profit on spending cuts
GAMESTOP reported a third-quarter profit on Tuesday (Dec 10) as the video game retailer ramps up its cost-saving efforts, including shutting stores and selling higher-margin goods. Chief…