Lower Pre-Owned Video Game Products Sales Will Likely Weigh On GameStop's Near Term Earnings

GameStop Inc (NYSE:GME) recently posted its Q3 FY 2018 results, which were below the street estimates. The company incurred a $587.5 million asset impairment charge primarily related to goodwill in Q3. It also lowered its fiscal 2018 guidance, which led to a sell off in the share price, following...