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A number of other institutional investors and hedge funds have also recently bought and sold shares of GME.
But GME stock is trading near its 52-week lows.
In my view, it does not make any sense to buy GME stock, though.
Investors should treat GME stock as a “show me” story.
Source: https://investorplace.com/2023/07/gme-stock-is-too-hot-to-handle-right-now/
Most investors remember the incredible move GME stock made in early 2021.
Source: https://investorplace.com/2023/01/why-is-gamestop-nysegme-stock-up-10-today/
Professional traders like Left and others who considered GME and AMC market roadkill and shorted them were forced to cover their short positions at big losses.
What’s Next for GME Stock?