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GameStop stock run gives it a bigger market cap than several actual video game companies – Source CNET Tech

GameStop storefront

GameStop shares are running hot right now.


Photo by Johnny Louis/Getty Images

GameStop’s massive run on Wall Street this month hasn’t just given nice profits to members of the WallStreetBets Reddit board, it’s also made the retailer bigger than some of the video game companies whose products it sells. 

The run, which has seen GameStop stock soar from under $17.25 a share at the start of the year to nearly $400 a share early Thursday, gives the beleaguered video game retailer a market cap of roughly $28 billion. This puts GameStop ahead of firms such as Take-Two…

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Source CNET Tech

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