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Between Cohen’s inexperience running a physical retailer, and GameStop’s failure to penetrate the e-commerce market, the company is en route to its “game over moment,” as digital downloads fully replace physical game sales.
Source: https://investorplace.com/2023/10/dont-hold-on-7-stocks-to-sell-before-2024/
Even so, investors still need to look at GameStop’s fundamentals and decide if it is worth investing in. Let’s delve into the details of GameStop and its future prospects.
Source: https://investorplace.com/2023/07/exiting-the-game-is-it-time-to-consider-selling-gamestop-stock/
GameStop’s stock rallies as options traders prep for a big post-earnings movemarketwatch.
GameStop’s stock ran from 65 cents in April 2020, near the start of the pandemic, to more than $120 by January 2021.
Source: https://federalnewsnetwork.com/business-news/2023/03/gamestop-leads-meme-stock-rally/
Meanwhile, analysts appear to be shaky on GameStop’s long-term prospects.
Source: https://investorplace.com/2023/01/gamestop-layoffs-2023-what-to-know-about-the-latest-gme-job-cuts/
Of course, we all know that GameStop’s trajectory reversed course from its January 2021 high of $483 back down to its current level of $16.