Game News

GameStop See Shares Jump 5.32% After Xbox One Reversal

GameStop See Shares Jump 5.32% After Xbox One Reversal

It seems that Microsoft’s change of heart of its Xbox One policy has please many more than just us gamer-types as shares in GameStop have jumped up 5.32% (+2.39) to $40.57.

This news came a single day after Microsoft announced the change, something which gamers have been campaigning for since E3 last week to allow the right to trade-in games, play without a constant internet connect and even simply swap games with friends and family.

The company actually praised Microsoft after its policy reversal by saying that it was “great news” for gamers, keeping in mind that the company makes a significant portion of its revenue from secondhand sales.

[Source: GameSpot]

Click to add a comment
Game News

News Editor at Bagogames. Got a story to share or a question to ask? Feel free to contact me at thomas.wakelin@bagogames.com

More in Game News

corpse-party

Corpse Party Getting Live-Action Film

Eleni DiCarloFebruary 27, 2015
Slender The Arrival BagoGames

Slender Man is Coming To Current-Gen Consoles This Spring

Tim GruverFebruary 26, 2015
Hotline Miami 2 Cover Art BagoGames

Hotline Miami 2 Has a Release Date

Tim GruverFebruary 26, 2015
Fable Legend BagoGames

Fable Legends is Now Free-to-Play

Tim GruverFebruary 26, 2015
Adopted Inline

Clockwork Demon Launches ‘Adopted’ Kickstarter

Carl LyonFebruary 25, 2015
Arkham Knight Gotham is Mine BagoGames

Gotham is the Scarecrow’s In New Arkham Knight Trailer

Tim GruverFebruary 25, 2015
The Order: 1886

The Order: 1886’s Officially Licensed Merchandise Available for Pre-Order

Adnan RiazFebruary 25, 2015
gaming-dragon-quest-heroes-01

Dragon Quest Heroes Western Release

Eleni DiCarloFebruary 25, 2015
GTA V Heist Gangs BagoGames

GTA V Heists Due This March, PC Port Delayed Again

Tim GruverFebruary 24, 2015