CNN.com - RSS Channel - HP HeroThe reason why GameStop stock is surging

GameStop is expected to lose money this year and next year. Sales growth is sluggish as fewer gamers need to go to stores -- or even shop online -- when they can download new titles directly from their consoles, PCs, phones or tablets. So why are shares of the video game retailer up more than 425% so far in 2021, including a 60% surge Monday?

January 25, 2021 at 09:59PM https://ift.tt/3qVusMJ is expected to lose money this year and next year. Sales growth is sluggish as fewer gamers need to go to stores -- or even shop online -- when they can download new titles directly from their consoles, PCs, phones or tablets. So why are shares of the video game retailer up more than 425% so far in 2021, including a 60% surge Monday?