23-12-2015 13:04 via feeds.theguardian.com

Game shares fall 40% after profit warning

Gamers failed to buy enough games for new consoles to make up for a steep fall in demand for older formatsGame Digital shares have dived nearly 40% as the retailer warned that profit would fall sharply after worse than expected sales of games in the run-up to Christmas.The seller of video games and consoles said UK sales for the 21 weeks to 19 December fell 11.4% to £353.4m as gamers failed to buy enough games for new consoles to make up for a steep fall in demand for older formats. Contin
Read more »