GameStop (GME) Lower On Reports Wal-Mart Is Testing Used Game Market Again

Shares of GameStop Corp. (NYSE: GME) are weaker today on reports that Wal-Mart (NYSE: WMT) is again entering the used video game market.

According to reports from Industrygamers.com, "Following the failed initiative for kiosk-type used game trade and buy back offerings, we reported that Walmart was once again trying to break into the used game business. In a reply to our inquiry earlier this morning, Walmart has stated that they are indeed testing out the new concept in five locations in an experimental capacity."

Shares of GME are trading down 3% today to $22.62.� Shares have a 52-week range of $17.12-$28.62.

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