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Rating: GME
Neutral
down 13.00 %

Gamestop Corporation (NYSE: GME) downgraded to Neutral by BofA/Merrill

Tuesday,  Nov 24, 2015  10:25 AM ET by Kristen Bailey

The BofA/Merrill advised against investing in this stock and the price has fallen for a loss. The price fell from $42.42 on 06/28/2013 to $36.75 on 11/24/2015.
BofA/Merrill downgraded Gamestop Corporation (NYSE: GME) to Neutral with today's price of $36.75. BofA/Merrill rated Gamestop Corporation (NYSE: GME) to Buy on 06/28/2013, when the price was $42.42. Gamestop Corporation's stock price lost 13% since then.
By following the previous BofA/Merrill's recommendation on GME, you would have lost 13% in 879 days.

GameStop Corp. (GameStop) is a retailer of video game products and personal computer (PC) entertainment software. The Company sells new and used video game hardware, video game software and accessories, as well as PC entertainment software, and related accessories and other merchandise. As of January 31, 2009, the Company operated 6,207 stores in the United States, Australia, Canada and Europe, primarily under the names GameStop and EB Games. During the fiscal year ended January 31, 2009, GameStop operated its business in four segments: United States, Canada, Australia and Europe. On April 5, 2008, GameStop acquired Free Record Shop Norway AS. In July 2008, the Company purchased certain assets and Website operations from The Gamesman Limited, a video game and entertainment software retailer, including eight stores in New Zealand. On November 17, 2008, GameStop France SAS, a wholly owned subsidiary of the Company, acquired SFMI Micromania SAS.

BofA/Merrill



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