GameStop Shares Tumble After EA Access Announcement

GameStop shares fell today by more than 5 percent following Electronic Arts' announcement of a special streaming service for Xbox One that could have negative implications for the retailer's business. As you can see in the chart below, GameStop shares began to fall immediately after the announcement of EA Access. EA Access hurts GameStop, at least in theory, because it incentivizes digital spending. However, GameStop will sell EA Access subscription cards in its stores, and the retailer has alre...