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3 Popular Stocks of the Year, Part 1Cautious investors pressure stocksPowell’s comments relieves marketsThis summary was created by AI, based on 1 opinions in the last 12 months.
GameStop Corp. is a global retailer of multichannel video games, pop culture collectibles, consumer electronics, and wireless services, with a presence in 14 countries across Europe, Canada, Australia, and the United States. They aim to make popular technologies affordable and simple, catering to a wide range of customers. With over 7,500 stores worldwide, GameStop offers a diverse range of products and services for gaming and tech enthusiasts.
It doesn't have much going for it as a business. In contrast, TTWO just delivered a strong quarter based on selling videogames direct to customers online and cutting out the brick-and-mortar middleman which is GameStop. Doesn't matter, because there bulls who want to push this stock higher; they are the so-called meme traders. With more stimulus cheques, though, these bulls will eventually run out of firepower.
Is up 3268% in the past year, 772% YTD and 6% today. And yet the company rewarded their CEO Sherman by ousting the him. True, this move had to do with activist investor Ryan Cohen instead who'll be chairman; he plans to digitize this brick and mortar company, but details? What is he planning? It's vague, though younger investors have faith in him. He suggests he turns their 5,000 stores into Bitcoin banks then set up e-gaming palaces in shopping malls where winners are paid in cryptos. Mind you, a recent report from Goldman Sachs notes that younger retail investors are trading less sharply from August 2020.
GameStop Corp. is a American stock, trading under the symbol GME-N on the New York Stock Exchange (GME). It is usually referred to as NYSE:GME or GME-N
In the last year, there was no coverage of GameStop Corp. published on Stockchase.
GameStop Corp. was recommended as a Top Pick by on . Read the latest stock experts ratings for GameStop Corp..
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0 stock analysts on Stockchase covered GameStop Corp. In the last year. It is a trending stock that is worth watching.
On 2024-03-28, GameStop Corp. (GME-N) stock closed at a price of $12.52.
Gamestop is a family of specialty retail brands that makes the most popular technologies affordable and simple. we are a global retailer of multichannel video game, pop culture collectibles, consumer electronics and wireless services, operating more than 7,500 stores in 14 countries across europe, canada, australia and the united states.