GameStop is a retail company that specializes in video games, gaming consoles, and related merchandise. Founded in 1984, it became known as a popular destination for purchasing new and used video games. The company operates physical stores across the United States and has an online presence, catering to gamers and collectors. GameStop gained significant media attention in early 2021 due to a stock trading phenomenon where retail investors coordinated to buy shares, leading to a dramatic increase in its stock price. This event highlighted issues regarding stock market dynamics, short selling, and the influence of social media on trading behavior.
GameStop is exiting the French market, impacting 300 Micromania-Zing stores and marking a strategic shift towards focusing on the U.S. Micromania-Zing faces uncertainty but GameStop is committed to finding buyers…