GameStop: Wedbush Chops Numbers on June Game Sales

The threat from Best Buy (BBY) and other retailers to GameStop’s (GME) video game sales is no joke, writes Wedbush Morgan analyst Michael Pachter in a note this morning in which he lowered estimates for GameStop. As Pachter notes, June video game sales were a big disappointment, falling 31 percent, year over year, according to an NPD report last Thursday.

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