Pokemon Go Fever Boosts GameStop Stock
GameStop shares jumped higher on Monday after the company's CEO appeared on CNBC.
GameStop (GME) - Get Report shares jumped higher on Monday after the company's CEO appeared on CNBC. Paul Raines said that sales were up 100 percent in the 462 stores that are 'gyms' in the ubiquitous Pokemon Go app. The CEO said GameStop has seen over 100 percent growth in its Pokemon collectibles. GameStop is the largest distributor of Pokemon video games and collectibles in the world.
