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GameStop Corp. (NYSE:GME) shares are climbing Wednesday. The move follows a major product launch and shifting technical data.
The Nasdaq is up 0.73% while the S&P 500 has gained 0.39%.
Power Packs Go Live
The primary catalyst is the public launch of Power Packs. This digital trading card platform opened to the general public on Wednesday.
The online experience allows collectors to buy digital packs. These packs unlock physical, Professional Sports Authenticator (PSA)-graded cards. Categories include Pokémon and major sports. Packs range from $25 to $2,500.
Investors see this as a strategic expansion into the high-margin collectibles space, with potential …
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