Gamestop Approves Of Microsoft S Backpedaling
In the background, GameStop, the biggest retailer for used games, was giving a big thumbs up. Oddly enough, GameStop stock actually skyrocketed after the Xbox One announcement. Stock climbed 7 percent in the wake of the announcements, up to $37.10. It will be interesting to see if it settles after Xbox One’s declaration that it wouldn’t require a daily online checkup and would allow used games. DailyFinance, a stock market watchdog website, wondered a week ago if Sony had saved the day for GameStop, by announcing that it would continue to use physical game copies....