95 days ago • Posted by William Ramstein
Gamestop continues to erase gains. $30 billion evaporates.
Shares of the video-game retailer fell 16% to close at $50.31 in New York, their lowest level since Jan. 21, wiping out $30.2 billion in value from its January peak. The stock fell below $50 during intraday trading. Its slump came as trading volume continued to dry up with about 26 million shares changing hands, less than half of what’s been seen in the past month. - Yahoo