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- Gamestop It says you plan to focus on the commercial card work. It comes as the video grew in the gaming industry increasingly digital. The company’s shares fell by 20% on Thursday after the announcement of a bond sale.
Gamestop pours money in Bitcoin, but these days are not the main attention of the company.
The video gaming industry is increasingly digital, retailers for software sales, Gamestop trading card business, CEO Ryan Cohen said at a meeting of the company’s annual shareholder.
Collection items like Pokemon and baseball cards, organized 29% in the video game Software for sale in the first quarter of the company declare This week is earlier.
Gamestop was original Breast Stock and still have a part of individual investors. Recently, Cohen and the faith of the company passed the seemingly bench. Gamestop, after announcing a $ 1.75 billion bond sale, the stakes fell 20% on Saturday.
Followed a Similar large drops At the end of May, when the community announces 4,710 Bitcoin purchased for about $ 500 million. Shares have been 35% less since the day before this announcement. The year, Gamestop shares lost 26% of the values.
Analysts have already taken a lot of their hands when it comes to an analytical calls or leading analytical calls.
“Introduction to Gamestop’s trading card, we see humble success, but in an Omnichannel strategy and failed attempts in the NFT trade, we see that there is no potential for a rebound of the Gamestop’s basic business,” he said. He said that despite the lack of a strategy, the Gamestop can consistently capitalize the existence of a ‘bigger idiot, which is ready to pay more than two times for its shares.
This story was first displayed Fortune.com
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