GameStop stocks drop thanks to Amazon’s announcement of trade-ins
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On March 6th, 2009 in Uncategorized -
It looks like GameStop may have finally met its match in terms of the used videogame market.
After Amazon.com’s recent announcement that they will begin testing a trade-in video game program, GameStop’s stocks dropped a full 13% ending the day $3.54 lower than the previous price.
I don’t know about you guys, but if Amazon offers more money for trade-ins than GameStop does, I have no problem receiving Amazon store credit for it.
Read (Joystiq)