GameStop Scores with Investors

The shares climbed Tuesday after the video-game retailer posted a sharp rise in quarterly earnings

Video game executives have long done business on a rollercoaster cycle, where their inevitable product updates lead to spending on more advanced technologies to eventual sales until it's time for a new round of replacements. But this time around GameStop (GME) is looking forward to the growing popularity of computer games as more kinds of customers find new ways to play. The Grapevine (Tex.) retailer sold more video games during recent months and is betting on even better days ahead.

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