Friday, March 29, 2013

Gme big comeback

GME | Fri, Mar 29 Shares of GameStop (GME +7.4%) come roaring back from negative territory, seemingly helped in part by a rousing performance by execs on the firm's conference call. Pointing to new gaming console launches from Sony and Microsoft, the company sees strong growth in 2014 and 2015. They also highlight data showing a higher percentage of the company's consumers expect to buy a Playstation 4 in the next 12 months than a smartphone or tablet. (webcast)