GameStop Shares Fall as Piper Jaffray Shows Concern with Wii U Sales, Cuts 2013 Estimates

GameStop Shares Fall as Piper Jaffray Shows Concern with Wii U Sales, Cuts 2013 Estimates

By: Latest Articles from Benzinga.com

Posted on December 20, 2012 at 12:48 PM EST

Shares of GameStop (NYSE: GME ) are leading the video game sector lower Thursday afternoon following some cautious comments from Piper Jaffray's Michael Olson. The stock is down more than five percent to around $26.14. Olson is concerned with sales of Wii U and lowered his installed base estimates for

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Activision Blizzard, Inc. Electronic Arts, Inc. GameStop Corp. Cl A

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