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GameStop Loses $673 Million In 2018

GameStop looks to have taken a massive blow as they announced they have a full-year lost of $673 million during the 2018 year. This makes it the largest loss in company history.

What makes this very scary is that this includes their sale of Spring Mobile which banked them $700 million. While collectable sales increased 11%, all other divisions took a loss. This includes new hardware sales (down 1%), new software sales (down 5%), and pre-owned and value products (dropped 15%).


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