The March NPD results indicated a year over year decline in game sales, and retailer GameStop felt it in their stock prices, despite a statement issued today reaffirming its 2009 financial guidance.
GameStop stock has taken a bit of a dip today, currently trading at around $28.84, nearly 3% lower than yesterdayās closing price of $29.70. The drop comes after the NPD Groupās March results for the video game industry, which indicated a flat first quarter, with year over year sales declining in March.
https://lastchance.cc/nintendo-continues-u-s-hardware-dominance-industry-hi-5215353%3C/a%3E%3C/p%3E
In other words, donāt worry about the NPD results. The company is just fine. I bet all those stockholders selling their shares feel silly now.
GameStop shares fall on video game report [Yahoo! Finance]
