Business

GameStop Buys Back Stock After Selloff

Updated 2026-06-02 22:35 UTC 1 source Neutral

GameStop announced plans to buy back $2 billion of its own stock following a significant drop in share price. The move comes after the retailer reported a 14% sales increase, partly driven by collectibles.

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MarketWatch

GameStop wants to buy back $2 billion of its own stock after an eBay-fueled selloff

The videogame retailer also said that collectibles helped drive a 14% sales gain in the first quarter.

2026-06-02 22:17 UTC