Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

GameStop Jumps as Microsoft Changes Games Trading Stance

GameStop Corp., the largest video-game specialty retailer, rose to its highest price in more than four years after Microsoft Corp. reversed a policy that would have curbed trading and reselling of used games on its Xbox One unit.

GameStop, based in Grapevine, Texas, jumped 6.3 percent to $40.94 at the close, its highest price since Sept. 12, 2008. The stock has risen 63 percent this year compared with an 11 percent gain for the Standard & Poor’s 500 Index.

Microsoft said yesterday it will drop curbs on reselling, trading and lending used titles and the need for regular Internet connections on its Xbox One in order to play disc-based games. Sony Corp.’s rival new PlayStation 4 console doesn’t have any game transaction limits.

Pre-owned games, which GameStop customers trade in for new versions, were 31 percent of first-quarter revenue, while new ones represented more than 37 percent.

The Xbox One and the PlayStation 4 will go on sale in the U.S. in the fall.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.