Telsey Advisory Group

GameStop profit forecast falls short on weak demand for consoles

GameStop Corp's full-year profit forecast missed Wall Street expectations as the dollar strengthened and demand for new PlayStation 4 and Xbox One consoles failed to make up for falling sales of earlier versions.

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Groupon plunges following Tiger Global's revelation of slashed stake

Groupon stocks dropped by 4.2% to USD9.78 after Tiger Global Management LLC cut its stake in the company.

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