Gamestop Corporation (GME)

[ergo sum]

Just over a decade ago, the company now known as GameStop was bankrupt, and analysts in the video game industry predicted that people would buy games online rather than in its mall stores.

But instead the franchise grew, pulled from its financial woes by a group of investors led by Leonard Riggio, the founder and chairman of Barnes & Noble. Spun off from Barnes & Noble in 2004, GameStop calls itself the world’s largest video game retailer.

Now the company can add a new distinction: member of the Standard & Poor’s 500-stock index. On Thursday, after Dow Jones & Company was acquired by the News Corporation and lost its berth in that index, GameStop took its place, moving up from a midsize index.

http://www.nytimes.com/2007/12/17/technology/17gamestop.html