GameStop Stock Price Raises Almost 6% In the Wake of Microsoft Backpedaling on DRM
By now we all know that Microsoft backpedaled on its draconian DRM policies for the Xbox One, and while that can definitely be defined as a victory for the gamers, there’s someone else that’s probably rubbing his hands in satisfaction right now. That someone sits in GameStop’s offices.
In the wake of the announcement from Microsoft, the price of the retailer’s stock soared, raising by a very flattering 5.76% on the New York Stock Exchange during after hours trading.
The gamers have won the battle, but looks like GameStop is the first to bring home some loot.