GameStop rises after results but hits resistance, levels to watch The shares are up over 4.3% to $38.47 following earnings. The session high at $39.53 is currently resistance. That session high is also at an important technical juncture at the $40 area. That area is one that has remained resistance only briefly overcome since the sharp decline in price back in mid-January. Until the shares can make it above that level and re-establish a bullish trend, price will remain range bound between $40 at the high and $35 at the low.
April 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).