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A GameStop store in 2014. GameStop, an American chain of brick-and-mortar video game stores, had struggled in the years leading up to the short squeeze due to competition from digital distribution services, as well as the economic effects of the COVID-19 pandemic, which reduced the number of people who shopped in-person.
Impulse was a digital distribution and multiplayer platform. Originally developed by Stardock to succeed Stardock Central, it was purchased by GameStop in March 2011, [2] [3] and was subsequently rebranded as GameStop PC Downloads, with the client being renamed GameStop App. [4]
The GameStop short squeeze, starting in January 2021, was a short squeeze occurring on shares of GameStop, [19] [20] primarily triggered by the Reddit forum WallStreetBets. [21] [22] This squeeze led to the share price reaching an all-time intraday high of US$483 on January 28, 2021 on the NYSE.
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The gaming world may be heading to the digital space, but GameStop refuses to leave the classics behind. The video game retail company is turning some of its stores into "GameStop Retro" locations ...
GameStop's operations expanded to over 4,250 stores worldwide as a result of the acquisition. [27] In 2007, GameStop acquired Rhino Video Games, who operated 70 video game stores throughout the Southeastern United States, from Blockbuster for an undisclosed amount. [28] [29] In April 2008, GameStop acquired Free Record Shop's 49 Norwegian ...
GameStop is looking to the past as it plans its future. The beleaguered retailer, which remains a meme stock favorite, announced plans Wednesday to launch a series of “retro” stores, ...
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