GameStop’s stock dips after plan to sell some international operations
GameStop’s store counts in Canada and France have been shrinking for years, and sales in Canada represent just over 5% of the total.
GameStop Announces Plan to Pursue a Sale of French and Canadian Operations
GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today announced that as part of its evaluation of its international assets, the Company intends to pursue a sale of its operations in France and Canada.
GameStop looking to sell Canadian and French operations
GameStop Corp. says it intends to pursue a sale of its Canadian and French operations. The video game retailers says in a press release that the move is part of an evaluation of its international assets.
GameStop Looks to Sell its Canada, France Operations
Videogame retailer GameStop said it plans to sell its Canadian and French operations. The original meme stock on Tuesday said the decision is part of its evaluation of its international assets. In December, GameStop reported mixed fiscal third-quarter results, where the company swung to a profit, but saw revenue fall over 20% to $860.3 million.
The GameStop plot thickens as the company looks to sell assets in France and Canada
GameStop Corp. (NYSE:GME) announced on Tuesday that it intends to pursue a sale of its operations in France and Canada. The retailer said the decision was part of its evaluation of its international assets.
What's Going On With GameStop Stock Tuesday?
What Happened: GameStop on Tuesday announced that it intends to pursue a sale of its operations in France and Canada as part of its evaluation of its international assets.
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