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Stock Market & Financial Investment News

News Breaks
February 4, 2013
07:35 EDTGMEKongregate announces $10M development fund for new mobile gaming initiative
Kongregate announced the Kongregate Mobile Developers program, a $10M fund to help independent game developers succeed in the free-to-play mobile arena. Backed by parent company GameStop, Kongregate will offer distribution, financial assistance, consulting services and marketing support to help developers be successful in the highly competitive mobile arena.
News For GME From The Last 14 Days
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May 27, 2015
08:05 EDTGMEGameStop should be bought if earnings prompts pullback, says Baird
Baird noted GameStop reports Q1 results on Thursday and said shares are typically volatile following earnings reports. The firm would use any pullback as a buying opportunity, as the cyclical market for console gaming is now trending toward higher-margin software. Baird reiterated its Outperform rating and $50 price target on GameStop shares.
May 15, 2015
14:43 EDTGMEGameStop May weekly volatility elevated into Q1 and outlook
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05:52 EDTGMEApril NPD video game software sales rose 13%, says Piper Jaffray
Piper Jaffray notes April NPD video game software sales increased 13% year-over-year with next-generation software revenue up 200% versus the prior year. Piper keeps Overweight ratings on Activision Blizzard (ATVI), Electronic Arts (EA), GameStop (GME) and Take-Two (TTWO).

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