Goldman Sachs On GME Investor Day

Goldman Sachs has issued a report on GameStop Corp.'s GME Investor Day. According to the report, “Though the Investor Day provided more visibility into incremental digital opportunities, and clarity on tools to drive market share such as PowerUp rewards, the company pointed to no new console cycle in sight, which should continue to pressure physical industry sales.” GME has a Neutral Rating and closed at $22.92 on Friday.