As the people began receiving their tax returns, consumer electronics retailer, GameStop has also begun its two-week Tax Day sale event, starting Feb. 28.
Its first Tax Day sale event runs from Feb. 28 to Mar. 6, followed by a second salvo going from Mar. 7 to 13. The event falls in line with the United States tax season, with the known tax day being a big day for the public. While Tax Day basically refers to the filing of tax returns and settling accounts to the federal government.
About GameStop
Headquartered in the Dallas suburb of Grapevine in the Lone Star State, GameStop is among the world's largest video game and consumer electronics retailers. According to official documents, GameStop has a total of 5,509 stores across the United States, Canada, Australia, and Europe as of February 1, 2020. It sells gaming consoles, video games, gaming accessories, digital products like downloadable content, network points cards, subscription cards, and collectibles.
It has recently dominated the news after its company stock price skyrocketed, seeing an increase of about 1,500% in two weeks. The drastic jump in its stock value is mainly credited to small-scale traders' coordinated effort from the Reddit community r/wallstreetbets.