Is GameStop Played Out?

GameStop, once the most dominant player in the video game industry, may be on the verge of defeat. In the face of disappointing recent earnings, some investors wonder whether the retailer is crashing like a Super Mario Kart. Last week, GameStop said its fourth-quarter sales fell 7.6% to $3.1 billion compared to the same period […]

GameStop Investors Threaten Proxy Battle Over ‘Stale Board’

GameStop is dealing with a host of problems in its business. And now, it’s facing the wrath of two major shareholders. In a letter to the GameStop board, Permit Capital Enterprise Fund and Hestia Capital Partners, which together own 1.3% of GameStop, said that the company needs to replace its “stale board” and increase stock […]