GameStop rallies on H2 optimism

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

GameStop's (GME) Q2 report reflects a company in transition with mobile sales (+124%) and digital sales (+17%) strong, while software and hardware sales slumped.

Execs with the company think the company's strong gains in market share and a new console cycle set up well for a strong H2.

Q3 comparable store sales are forecast to rise 11% to 15%. (PR)

GME +9.5% premarket.