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GameStop shares have rallied over 47.0 percent year-to-date. Data from the NPD Group showed sales of game software in the U.S. declined 10 percent year-over-year in the first quarter. “Regardless of the decline in sales, we think that share prices for the publishers and for GameStop will hold up well, as there are several catalysts on the horizon,” Michael Pachter of Wedbush Securities wrote in a note to clients.
Going forward ... (see research report)
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