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@alessandro@lemmy.ca to PC Gaming@lemmy.caEnglish • 3 months ago

GameStop announces plans to sell off French and Canadian outlets, while its CEO yells about 'Wokeness and DEI' in bizarre, self-defeating promotion

www.pcgamer.com

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  • cross-posted to:
  • games@sh.itjust.works
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GameStop announces plans to sell off French and Canadian outlets, while its CEO yells about 'Wokeness and DEI' in bizarre, self-defeating promotion

www.pcgamer.com

@alessandro@lemmy.ca to PC Gaming@lemmy.caEnglish • 3 months ago
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  • cross-posted to:
  • games@sh.itjust.works
More than 500 stores affected.
  • @DragonTypeWyvern@midwest.social
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    1•3 months ago

    I think you’re sleeping on the nostalgia factor for a lot of old gamers who had enough cash for a bit of a “fuck you” purchase but not enough discipline to buy a rifle or enough education to know that Wall Street doesn’t lose money when you buy stocks.

    • grooving
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      2•3 months ago

      Ha you could be right. I don’t live in the states didn’t realize GameStop had nostalgia value.

    • @SkyezOpen@lemmy.world
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      5•3 months ago

      Wall Street doesn’t lose money when you buy stocks.

      Hedge funds lost a shitload though. Wallstreetbets basically engineered a short squeeze and a few hedge funds genuinely lost a ton of money covering shorts. Granted, a lot of those diamonds handers were left holding the bag, but the effect wasn’t insignificant.

      • @DragonTypeWyvern@midwest.social
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        3 months ago

        https://www.businessinsider.com/rentech-simons-gamestop-meme-stock-price-nvidia-tesla-amc-portfolio-2024-5

        Some hedge funds lost money.

        Others were the ones manipulating the market in the first place.

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