Gravy Analytics On GameStop: Data from Gravy Analytics, a provider of real-world location intelligence data, leads to a similar conclusion: GameStop’s soaring stock had no impact on foot traffic trends.
GameStop’s foot traffic trends briefly trended above zero during the holiday season, but any year-over-year gains were short-lived, according to data provided to Benzinga.
GameStop’s traffic trends amid the stock’s peak were down from the prior week.
For the seven-day period starting Jan. 17, weekly visits were down 34% from the prior period.
Time will tell if GameStop’s same-store sales or e-commerce sales will have seen an impact from the stock surge.
GameStop did not respond to requests for comment for this story.