GameStop replaces Dow Jones on S&P 500

What goes down stairs, alone or in pairs, rolls over your neighbor's dog? No, not log. It's the unstoppable gaming pawn shop: GameStop. The company has been so successful that it will enter the S&P 500, an index of 500 Large-Cap public companies, and will replace newspaper publisher Dow Jones. How poetic is that? If you need the fancy explanation of S&P 500, we're not going to do it. We'll go with a simple one: This means GameStop is a big money making company -- but most of you already knew that.

As previously rumored, GameStop is looking to soften its insalubrious image. In that vein, the company announced it donated 200 shopping spree wishes to mega-charity Make-A-Wish foundation. You can also visit the Make-A-Wish section on GameStop.com and donate between $5 and $100. We totally want to ask if the Make-A-Wish kids will have 75% of their wish's value taken away when they trade it in at GameStop, but that would just be in poor taste.

This article was originally published on Joystiq.