Published on June 21st, 2013 | by Thomas Wakelin0
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.