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Fly News Breaks for November 23, 2015
GME
Nov 23, 2015 | 10:19 EDT
Piper Jaffray analyst Michael Olson noted that GameStop reported Q3 earnings below consensus, stating that the company is "clearly" seeing some impact from higher digital software sales, but he added that he would expect digital expansion to ease this coming quarter. Olson, who expects video game sector trends to be strong into 2016, keeps an Overweight rating on GameStop shares.