Game Group peers in to the abyss

Game Group, the computer game retailer, has seen its share price collapse this morning after issuing a warning that revenues will be worse than it predicted back in September.

Game Group, the computer game retailer, has seen its share price collapse this morning after issuing a warning that revenues will be worse than it predicted back in September.

The company originally said like for like revenue in 2011 would be between 0 - 3% worse than 2010. It now says the figure "will be no better than -7%".

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