GameStop.Justin Sullivan/Getty Images GameStop shares rose after the company said it was launching a wallet for cryptocurrencies and NFTs. The self-custodial wallet runs on the Ethereum network. The videogame retailer is also preparing to open an NFT marketplace this year. GameStop stock advanced Monday after the company said it's opened a wallet for gamers to manage their digital assets as it prepares to launch a marketplace for non-fungible tokens.

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BING NEWS:
  • Will GameStop survive? Here's what its co-founder says
    Kusin co-founded the video game retailer Babbage's in the 1980s, which now operates as GameStop. He stepped down in 1995. GAMESTOP, AMC MEME REVOLUTION: 1 YEAR SINCE RETAIL INVESTORS TOOK STOCKS ...
    04/18/2024 - 10:00 pm | View Link
  • A Sales Slump Is the Kiss of Death for GameStop Stock
    Back when interest rates were low and speculative fervor ran high, video-game retailer GameStop (NYSE:GME) was a darling among meme-stock traders. Those days are gone, however, and the hope of a ...
    04/2/2024 - 11:38 pm | View Link
  • GameStop makes layoffs as video game retailer looks for profitability boost
    Net sales in Europe increased by 14.1%. The retailer has been cutting its expenses. GameStop’s Selling, General, and Administrative expenses decreased $357.1 million or 21.2%, in fiscal 2023 ...
    03/28/2024 - 6:39 am | View Link
  • GameStop Stock Is Tumbling Wednesday: What's Going On?
    The video game retailer reported quarterly adjusted earnings of 22 cents per share, which missed analyst estimates of 29 cents per share. GameStop said it ended the quarter with $1.199 billion in ...
    03/26/2024 - 10:59 pm | View Link
  • GameStop Cuts Jobs Amid ‘Unsustainable’ Sales Decline
    U.S. video game retailer GameStop ... GameStop described as NFT and cryptocurrency "uncertainty". The closure seemed inevitable after the retailer shut down its crypto wallet in August 2023.
    03/26/2024 - 5:36 pm | View Link
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