GameStop Stock Looks Like a Sinking Ship: Now's the Time to Jump
GMEGameStop(GME) Investor Place·2024-07-10 18:15

GameStop’s (NYSE:GME) stock continued its decline last week, driven by fading meme stock momentum which was initially spurred by meme trader Keith Gill. GameStop stock dropped 3% to $24.18 by Friday’s close. Gill’s bullish views on GME previously sparked significant price increases in May and June.Since early June, Roaring Kitty scaled back on GameStop after boosting his holdings to 9 million shares and hosting his first livestream since 2021. As GME’s price dropped, Gill appears to have turned his attentio ...