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Former Blizzard boss says the $700 PS5 Pro is really more like a $350 upgrade because it's aimed at people who can trade in their PS5s at "places like GameStop"
"The model is: existing PS5 owners can trade in their PS5 at places like GameStop for $350 in credit (today), apply that to the $699 price point, and now the upgrade cost is $350," Ybarra said.
GameStop’s stock continues its rise, registering longest winning streak in four months
The stock GME is up 4.6%, putting it on track to extend its winning streak to five sessions, the longest such streak since a seven-day stretch that ended on July 16, Dow Jones Market Data show.
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GameStop Stock: What's Behind the Unusual Options Trading Activity?
Notably, both options appreciated significantly, ranging from 350% to 600% by November ... The recent rapid recovery in its share price suggests that GameStop is moving away from this oversold ...