UK markets closed
  • NIKKEI 225

    28,635.21
    +89.01 (+0.31%)
     
  • HANG SENG

    29,297.53
    -93.77 (-0.32%)
     
  • CRUDE OIL

    52.63
    +0.02 (+0.04%)
     
  • GOLD FUTURES

    1,842.30
    -8.60 (-0.46%)
     
  • DOW

    30,303.17
    -633.83 (-2.05%)
     
  • BTC-GBP

    22,459.96
    -1,212.76 (-5.12%)
     
  • CMC Crypto 200

    619.31
    -20.61 (-3.22%)
     
  • ^IXIC

    13,270.60
    -355.47 (-2.61%)
     
  • ^FTAS

    3,716.37
    -45.27 (-1.20%)
     

Why GameStop Stock Is Rising Today

Rich Duprey, The Motley Fool
·2-min read
Why GameStop Stock Is Rising Today

Shares of GameStop (NYSE: GME) were up 6% in midday trading on a shortened holiday trading day Friday. Black Friday is here, new Microsoft (NASDAQ: MSFT) Xbox and Sony (NYSE: SNE) PlayStation game consoles are on sale, and the video-game retailer inked a deal with Vizio to sell TV sets. The upgrade cycle for video game consoles is what GameStop investors have been waiting for to help lift the retailer out of the doldrums.