Why GameStop Shares Are Falling

Shares of companies in the broader consumer discretionary space, including GameStop Corp. (NYSE: GME) are trading lower as stocks dip following worse-than-expected US inflation data. The 10-year Treasury yield hit an intraday high of 1.592% before dipping to around the 1.551% level. This jump in Treasury yields has also weighed on stocks for the session. GameStop Corp is a U.S. multichannel video game, consumer electronics, and services retailer. The company operates across Europe, Canada, Austr


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