GameStop is the last vestige of brick and mortar electronic gaming stores. It is a business of acquisitions, claiming most other large competitors and merging them into the fold and is on every YouTube and blog’s “Top 10 Companies Soon to Pull a Blockbuster” for the last six months to a year or so. Are they right? Is GameStop about to go under? I honestly am not some kind of market wizard, I can’t say if their current plans will save them or not, but we can talk about what’s gotten them to this point, in context of video game sales (not the whole who bought who what when and where, lots of that is already out there). So this chart pretty much tells a very, very interesting story. The company went public in 2002 at around $10 USD a share. In 2002, we were still in the world of…
By David Piner