FP:

B

Ben Lamoreux

Guest
#1
A bad situation just got a whole lot worse today. GameStop has been struggling to make ends meet for quite some time. The company is bleeding money, and they’ve experienced an alarming turnover rate amongst the upper management. Just last month the once-popular retailer laid off over 100 employees, including Game Informer staff. The company just posted its financial results for the past quarter, and they paint a bleak picture. Revenue was down almost completely across the board, resulting in a net loss of $415 million over three months. Unsurprisingly, this has triggered yet another major stock crash. GameStop stock […]

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