GameStop (GME) Shares Jump On Earnings Beat As Video Game Sales Tick Higher

GameStop Corp.(NYSE:GME), saw its stock price jump up 7% in early trading today on Friday, May 29, 2015. The spike was in response to the company posting stellar earnings on Thursday night, beating market forecasts. The multichannel video game, consumer electronics, and wireless services retailer posted the sales and earnings for the first quarter of fiscal year 2016.