Search

by MojoPages

Print
Email
Share

GameStop shares tumble on Wal-Mart game deals

Associated Press

Posted on December 2, 2009 at 11:02 AM

NEW YORK (AP) — GameStop's shares are falling after an announcement from Wal-Mart that the big retailer is offering deals on popular video games and the Nintendo Wii leading up to the holidays.

Wal-Mart Stores Inc. said Wednesday it is lowering the prices of the most popular video games until Christmas Eve. It's also running a promotion from Saturday through Dec. 12 giving shoppers who buy the Wii game console a $50 gift card.

Analysts say the Wal-Mart deals could undercut GameStop's holiday sales or drive it to lower prices too.

GameStop shares are down $2.14, or 9 percent, at $21.70 in midday trading.

Print
Email
Share

Forgot Password?

Don't have an account?

Register Now

Member Benefits

Link your account to your Twitter or Facebook account for easier login!

Link your account to your Facebook profile Link your account to your Twitter profile

Check box to receive Free Special Offers

* - Indicates required field

Check box to receive Free Special Offers

Connecting to

You may need to allow pop up window for this step of registration

Just one more step:

Please take a moment to review the available e-mail newsletters has to offer. Place a checkbox next to the newsletters you wish to subscribe to.

Welcome.

Thank you for becoming a member of fox11az.com. You now have full access to the best local coverage and late breaking news from fox11az.com. Soon you will be redirected to the page you were seeking, and a confirmation email will be delivered to you.

You will need to respond to the confirmation e-mail for your account to be activated.

fox11az.com is dedicated to bringing you exceptional news and outstanding information services, all while personalizing it to your liking. We're sure you'll enjoy being a fox11az.com member! If you need assistance, please contact us.