Shares of GameStop have surged more than 30% Thursday afternoon on a multiyear partnership with Microsoft in which the video game retail giant will utilize the tech company’s cloud solutions in order to create the “ultimate gaming destination.”
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
GME | GAMESTOP CORP | 11.80 | -0.22 | -1.83% |
MSFT | MICROSOFT CORP. | 221.40 | +5.59 | +2.59% |
Prior to the announcement, GameStop stock had temporarily halted trading on the New York Stock Exchange.
Source: Fox Business