• Skip to main content
  • Skip to header right navigation
  • Skip to site footer
Gameranx

Gameranx

Video Game News, Lists & Guides

  • News
  • Features
  • Platforms
    • Xbox Series X
    • PS5
    • Nintendo
  • Videos
  • Upcoming Games
  • Guides

GameStop Shares Soar After Big Xbox One News

June 20, 2013 by Josiah Renaudin

GameStop might be the biggest winner thanks to yesterday’s news.

For GameStop to continue to exist, used games need to stand as an integral part of the video game ecosystem. Without players selling their games after squeezing every bit of playtime out of them, GameStop simply becomes another store that sells new products. After last month’s Xbox One reveal, which told the tale of a console with much stricter policies when it comes to pre-owned games, GameStop’s shares fell around 14 percent. The stock prices have seen slight improvement since that time, but thanks to Microsoft’s big DRM shift that occurred yesterday, those stocks have jumped right back up.

As of this writing, GameStop shares are up 5.32 percent (+2.39) to $40.57. That might not be as significant as the 14 percent drop witnessed earlier, but over time, we should see GameStop return to its former “glory.” Since Microsoft is now allowing players to trade-in, lend, resell, gift, and rent disc-based games in the same way that they can today on Xbox 360, GameStop will continue to act as a major player in game distribution. A GameStop representative even publically stated that the move was "great news" for gamers, as well as a testament to Microsoft's understanding of importance of used game market.

It all looks hunky dory for the retailer today, but with most (if not all) next-generation games releasing both physically and digitally, who really knows how long GameStop can remain at the top of the food chain? We’ll just have to wait and see what type of media consumers grab on to in the coming years.

Share this post:

FacebookTwitterLinkedInPinterest

Recent Videos

20 Game Mechanics That SUCK MOST OF THE TIME

20 Game Mechanics That SUCK MOST OF THE TIME

10 Recent Game Levels With INSANE GRAPHICS

10 Recent Game Levels With INSANE GRAPHICS

GTA 6 PC RELEASE DATE LEAKED? CYBERPUNK 2077 NEW UPDATE & MORE

GTA 6 PC RELEASE DATE LEAKED? CYBERPUNK 2077 NEW UPDATE & MORE

10 Recent AAA Games That Actually KILLED IT

10 Recent AAA Games That Actually KILLED IT

Samson - Before You Buy

Samson - Before You Buy

Starfield PS5 - Before You Buy

Starfield PS5 - Before You Buy

10 BAD Games We Actually ENJOYED

10 BAD Games We Actually ENJOYED

20 Hidden Mechanics Discovered in Recent Games

20 Hidden Mechanics Discovered in Recent Games

What The HELL Is Going On With FORTNITE?

What The HELL Is Going On With FORTNITE?

Category: Updates

Sidebar

Recent Posts

  • Castlevania: Belmont’s Curse Brings Us To France – To Fight The Spectre Of Joan of Arc
  • Rumor: New Metro 2033 Game Will Be Announced Next Week
  • Marvel’s Guardians of the Galaxy Received A Rating In Taiwan – For Nintendo Switch 2
  • Rumor: Take-Two And Rockstar Have Cracked Down On GTA 6’s Trailer 3 Getting Leaked
  • Metal Gear Solid Movie Moving Forward With Sony – And Dropping Jordan Vogt-Roberts

Copyright © 2026 · Gameranx · All Rights Reserved · Powered by Mai Theme