GameStop (GME -2.2%) shares slip, partly in reaction to disappointing videogame sales data...

|About: GameStop Corp. (GME)|By:, SA News Editor

GameStop (GME -2.2%) shares slip, partly in reaction to disappointing videogame sales data released late Friday that heightens concern ahead of its quarterly report later this week. Though Wall Street expects a slight GME earnings gain on a 3% rise in sales Y/Y, NPD data shows October U.S. sales of new videogame software fell 6.4% Y/Y, and game hardware sales fell 5.5%.