Business
Better buy: Amazon vs. GameStop
This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.
GameStop Corp (NYSE: GME) is fighting the good fight and cheering its prospects, even in the face of incredible adversity. The struggling video gaming retailer reported disappointing revenue and a net loss for the recently-ended third quarter of fiscal 2020. However, management touted a 16.5% year-over-year increase in same-store sales in November. Launches of new PlayStation and Xbox game consoles are driving gamers into a buying frenzy. GameStop CEO George Sherman says that will be a big growth driver throughout the fourth quarter.
When all is said and done, though, Amazon.com Inc (NASDAQ: AMZN) is still Amazon, and…
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