GameStop (GME -6.9%) is defended by both Piper Jaffray and SunTrust after a report from a gaming...

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

GameStop (GME -6.9%) is defended by both Piper Jaffray and SunTrust after a report from a gaming blog caught investors by surprise with its revelation that the next Microsoft Xbox console could limit the sale of used games. Both firms counter the argument, saying new consoles introduced this year will support used games and their introduction won't create as big of a market disruption as the original report indicates.Shares of GME are off lows, but still trade down with volume 3X normal activity.