{"id":12288,"date":"2023-05-22T18:53:30","date_gmt":"2023-05-22T22:53:30","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/gamestops-stock-jumps-amid-reports-of-revamped-customer-rewards-program\/"},"modified":"2023-05-22T18:53:31","modified_gmt":"2023-05-22T22:53:31","slug":"gamestops-stock-jumps-amid-reports-of-revamped-customer-rewards-program","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=12288","title":{"rendered":"GameStop\u2019s stock jumps amid reports of revamped customer rewards program"},"content":{"rendered":"
\n

GameStop Corp.\u2019s stock jumped Monday amid reports that the videogame retailer and sometime meme-stock darling is planning to revamp its customer rewards program.<\/p>\n

Shares of GameStop
\n GME,
\n +9.75%<\/bg-quote>
\n rose 6.7%, compared with the S&P 500\u2019s
\n SPX,
\n +0.02%<\/bg-quote>
\n gain of 0.2%.<\/p>\n

\n

Videogaming website Kotaku reports that the name of GameStop\u2019s PowerUp Rewards membership will be changed to GameStop Pro next month and its price will increase to $25 a year from $15 a year. New perks available to members will include 5% off preowned games and 5% off collectibles, according to Kotaku, citing screenshots of internal corporate training materials that were shared with the website.<\/p>\n

Related: <\/strong>GameStop surges on surprise earnings beat, lifting meme stocks AMC and Bed Bath & Beyond<\/p>\n

MarketWatch has reached out to GameStop with a request for comment on this story.<\/p>\n

In March, GameStop shares surged on the company\u2019s surprise earnings beat, also lifting fellow meme stock AMC Entertainment Holdings Inc.
\n AMC,
\n +1.79%<\/bg-quote>.<\/span>
\n At that time, the videogame retailer said it had completed most of its planned upgrades related to infrastructure, systems, shipping capabilities and online and mobile platforms. <\/p>\n

GameStop\u2019s stock is up 27.5% this year, outpacing the S&P 500\u2019s gain of 9.4%.<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

GameStop Corp.\u2019s stock jumped Monday amid reports that the videogame retailer and sometime meme-stock darling is planning to revamp its customer rewards program. Shares of GameStop GME, +9.75% rose 6.7%, compared with the S&P 500\u2019s SPX, +0.02% gain of 0.2%. Videogaming website Kotaku reports that the name of GameStop\u2019s PowerUp Rewards membership will be changed […]<\/p>\n","protected":false},"author":1,"featured_media":12289,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-12288","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"\nGameStop\u2019s stock jumps amid reports of revamped customer rewards program | iFintechWorld<\/title>\n<meta name=\"description\" content=\"GameStop Corp.\u2019s stock jumped Monday amid reports that the videogame retailer and sometime meme-stock darling is planning to revamp its customer rewards\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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