GameStop's stock extends rally, after plan to sell some international operations
Portfolio Pulse from
GameStop's stock is rallying following the announcement of plans to sell some of its international operations. The company's store counts in Canada and France have been decreasing, with Canadian sales making up just over 5% of total sales.
February 18, 2025 | 1:45 pm
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GameStop's stock is experiencing a rally due to the company's plan to sell some of its international operations, including those in Canada and France. This strategic move could help streamline operations and focus on more profitable markets.
The announcement of selling international operations is seen as a positive strategic move, potentially leading to a more focused and profitable business model. This has led to a rally in GameStop's stock, indicating investor optimism.
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IMPORTANCE 80
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