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GameStop and AMC's stocks are on a tear, but their businesses aren't

GameStop and AMC’s stocks are on a tear, but their businesses aren’t
Photo: AP
Jacquie McNish
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In the past few weeks, investors have bid up the share prices of companies such as GameStop Corp. and AMC Entertainment Holdings Inc., as short sellers have bet against them. Here is an analysis of the challenges and prospects for these businesses.
GameStop
1 min read
. 05:57 PM IST
Mumbai sees over 3,000 new covid cases for second day in a row, 316 buildings sealed
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NPS Fees set to rise from 1 Apr; FDI in pension set to rise alongside insurance ....

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GameStop and AMC's Stocks Are on a Tear, but Their Businesses Aren't — Update

Provided by
Dow Jones
A Wall Street Journal Roundup
In the past few weeks, investors have bid up the share prices of companies such as GameStop Corp. and AMC Entertainment Holdings Inc., as short sellers have bet against them. Here is an analysis of the challenges and prospects for these businesses.
GameStop
GameStop is trying to survive a yearslong erosion of its business, which has relied for nearly four decades on people visiting its bricks-and-mortar stores to buy the latest videogames and consoles, as well as to trade in and purchase used games and gear.
The company has been stung by mounting competition from retail giants such as Amazon.com Inc. and Walmart Inc., and the advancement of technology that enables people to download games directly from consoles and computers instead of buying hard copies. It has also gone through a period of high executive turnover, with Chief Executive George Sherman a longtime ....

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GameStop, AMC, BlackBerry Face Challenges Despite Stock Frenzy

Provided by
Dow Jones
By A Wall Street Journal Roundup
In the past few weeks, investors have bid up the share prices of companies such as GameStop Corp. and AMC Entertainment Holdings Inc., as short sellers have bet against them. Here is an analysis of the challenges and prospects for these businesses.
GameStop
GameStop is trying to survive a yearslong erosion of its business, which has relied for nearly four decades on people visiting its bricks-and-mortar stores to buy the latest videogames and consoles, as well as to trade-in and purchase used games and gear.
The company has been stung by mounting competition from retail giants such as Amazon.com Inc. and Walmart Inc., and the advancement of technology that enables people to download games directly from consoles and computers instead of buying hard copies. It has also gone through a period of high executive turnover with Chief Executive George Sherman, a longtim ....

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BuyBuy Baby debuts 3D nursery design tool

Dive Brief:
BuyBuy Baby introduced a 3D nursery design tool to help expecting parents to create their ideal space, the retailer announced on Wednesday.
The tool lets parents create and visualize a nursery in real time. Users can add and swap furniture and decor like dressers, cribs, bedding, and rugs in and out of a room, and add selected items to their cart to purchase. It provides users with 15 pre-designed nurseries or lets parents start from an empty room.
The technology is the latest service added to a collection of nursery design and digital shopping tools as part of the company s Design Squad platform available on BuyBuy Baby s website. ....

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Arvada used baby product reseller boosts inventory with Buybuy Baby deal

Arvada used baby product reseller boosts inventory with Buybuy Baby deal
Photos courtesy of Good Buy Gear)
Good Buy Gear has landed what it hopes will be a key new source of used strollers and the like.
The Arvada-based startup, which buys and resells used baby products, announced this week that it has established a trade-in program with Buybuy Baby, the infant retailer owned by Bed Bath & Beyond.
“We’ve always been supply-constrained as a marketplace, so finding ways to connect with more sellers and, ultimately, partnering with a brand like Buybuy Baby with such a big reach and distribution is the real gain for us,” said co-founder Kristin Langenfeld. ....

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