Shares of GameStop (NYSE: GME) declined by 11% on Friday, as the video game retailer gave back a good chunk of its recent gains.
GameStop soared a staggering 44% on Thursday after it announced a "strategic partnership" with tech giant Microsoft (NASDAQ: MSFT). Its retail stores will use Microsoft's cloud-based Dynamics 365 business applications for their in-store and back-end operations. GameStop's sales associates will also use Microsoft Surface devices to better serve customers, as well as Microsoft Teams to more easily collaborate.
Source Fool.com