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GRAPEVINE, Texas - GameStop Corp. (NYSE:GME) announced the public launch of Power Packs, a digital trading card platform, beginning April 15, 2026 at powerpacks.com, according to a company press release. The $10.5 billion market cap retailer holds more cash than debt on its balance sheet, providing financial flexibility for new ventures.
The platform allows collectors to purchase digital packs that unlock physical PSA-graded trading cards. Cards are stored in the PSA Vault and can be sold back, shipped to customers, or added to collections.
At launch, Power Packs offers Pokémon, Football, Basketball, and Baseball categories. Packs are priced from $25 to $2,500. GameStop shares are up 16.5% year-to-date, though InvestingPro analysis suggests the stock is currently overvalued relative to its Fair Value. Investors can access detailed valuation metrics and 6 additional ProTips on the platform.
In other recent news, GameStop Corp. reported its fourth-quarter results, surpassing earnings expectations but missing revenue forecasts. The company achieved adjusted earnings per share of $0.49, exceeding the analyst consensus of $0.37. However, its revenue of $1.1 billion fell short of the expected $1.467 billion and represented a 13.9% year-over-year decline from $1.283 billion. Despite this, adjusted operating income increased to $147.7 million from $84.4 million in the previous year’s fourth quarter. Meanwhile, Baird maintained its coverage of GameStop following these results, updating its financial model to include future expectations for retail sales and the anticipated launch of Grand Theft Auto in the fourth quarter of 2026.
In other developments, investor Michael Burry disclosed his purchase of shares in JD.com, leading to a 2.2% rise in the US-listed shares of the company. Burry, known for his role in "The Big Short," also revealed that he bought shares in Alibaba. These recent activities highlight ongoing interest and investment strategies in the market.
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