GameStop's Silence Speaks Volumes: Why You Should Be Wary of GME Stock
GameStop(GME) Investor Place·2024-07-31 18:00
GameStop (NYSE:GME) stock is up 64% in the past six months. But just try finding timely information about the company. GameStop stock has just two analysts covering it. Yet it has an average daily volume of over 14 million shares. That’s seven million shares per analyst. Nvidia (NASDAQ:NVDA) has an average daily volume of 261 million shares, about 19x GameStop. Yet, it has 62 analysts covering it, which works out to about 4.2 million shares per analyst. As a retail investor, you’ve got better odds staying i ...