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Business & Economics

GameStop shares surge after firm pledges to buy bitcoin, close physical stores

New York Post
Summary
Nutrition label

68% Informative

GameStop shares jump 7% to $ 27.23 in after-hours trading.

Decision echoes that of Strategy, the largest corporate holder of bitcoin, which in February dropped the word “ Micro ” from its name and unveiled a new logo.

GameStop posted a rise in fourth-quarter profit, helped by efforts to reduce costs.

VR Score

73

Informative language

76

Neutral language

21

Article tone

informal

Language

English

Language complexity

60

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links