GameStop Corp., the world’s largest video-game retailer, tumbled the most in more than seven months after the company narrowed its full-year same-store sales forecast, citing disappointing holiday results.

The shares fell 6.7 percent to $23.10 at 9:45 a.m. in New York, after dropping 8.4 percent for the biggest intraday decline since May 17. The Grapevine, Texas-based company had gained 4 percent last year.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]