Over the past few months GameStop has been struggling in the New York Stock Exchange [NYSE], and month after month the value of GameStop appears to be declining. Currently the stock value of GameStop is holding at $8.77, and while this is an increase from previous reports this is still lower than what has been reported by the company in previous months.
The cause of the decline in GameStop's stock value is believed to be linked to the decrease in sales that are associated with used software and hardware, and when you pair that with a gaming market that is moving away from physical media they stand to lose out on additional software sales for new and used games.
At this time it is uncertain how much longer GameStop will be able to continue operating in its current state, and it has left many people wondering what actions will be taken to try to keep the company from going under.